NZDCHF Bearish Setup: ABCDE Pattern Completed

NZDCHF Bearish Setup: ABCDE Pattern Completed
NZDCHF has completed an ABCDE pattern and is showing signs of a potential bearish movement.
The pair may decline further from the current market price, or it could make a brief correction before moving downward, as indicated on the chart.
The previous bullish momentum was weak, suggesting that the upcoming bearish move could unfold more quickly.
📍 Key Reversal Zones:
The price may react around these levels: 0.4945, 0.4930, and 0.4915.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDCHF has completed an ABCDE pattern and is showing signs of a potential bearish movement.
The pair may decline further from the current market price, or it could make a brief correction before moving downward, as indicated on the chart.
The previous bullish momentum was weak, suggesting that the upcoming bearish move could unfold more quickly.
📍 Key Reversal Zones:
The price may react around these levels: 0.4945, 0.4930, and 0.4915.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.