NZDCHF - The Bears Are Back!

Wait 5 sec.

NZDCHF - The Bears Are Back!NEW ZEALAND DOLLAR VS SWISS FRANCTRADENATION:NZDCHFTheSignalystHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈NZDCHF has been overall bearish trading within the falling channel marked in red, and it is currently retesting the upper bound of the channel. Moreover, the green zone is a strong resistance. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and resistance. 📚 As per my trading style: As #NZDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.