NZDCHF Sell

75
The price is in a downtrend on the 4-hour chart, retracing to the previous support level, which has now turned into resistance.
On the 15-minute chart, the price has created a range consolidation at the 4-hour support/resistance level and then broke downward from that range, followed by a retest.
--
The target price is initially set at the next support level on the 4-hour chart.
The take-profit to stop-loss ratio is 3:1, and the take-profit level may be adjusted based on market dynamics

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.