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PlutusX

Potential Short on NZDCHF as We Test Weekly TL as Resistance

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New Zealand Dollar / Swiss Franc (FOREXCOM:NZDCHF)  
PlutusX  
FOREXCOM:NZDCHF   New Zealand Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
3 pieces of confluences in favor of a short on the weekly/monthly timeframe. Historically this zone has been known to bounce price back above the 0.60 level BUT we actually broke the previous ATL on this pair already. As always make sure that YOUR entry conditions are satisfied prior to entering a trade and use proper risk.

RR on this setup IDEA: 14.16 RR
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