NZD/CHF BULLISH REVERSAL

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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

NZDCHF, APPROUCHING A STRONG SUPPORT AND DEMAND ZONE!

So, what's next!

As we can see price still overall bearish from a short-term perspective trading inside this channel,

Since we are approaching a strong support and demand zone, we are interested in bullish reversal.

And for the bulls to kick in we need a break above the last major high marked in the chart, then a movement higher would be expected.

1-2 Risk to reward ratio from a risk management perspective.

Until that price can still dive more inside our zone before reversal.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Nota
Telegram channel: t.me/Snipers_F_x
Chart PatternsSupport and ResistanceTrend Analysis

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