DaniFXT

NZDCHF Short to the 38.2% Fib

Short
OANDA:NZDCHF   NZD/CHF
NZDCHF has been travelling in an upwards channel on the 4H chart and has been forming beautiful HH's / HL's without any drawdown past the trend. As the Channel's top Trend-line has been hit and we've seen signs of rejection I will be selling to the 38.2% Fib which would form a HL. The market is also at a high point close to the 1D Trend-line suggesting a rejection.
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