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Video Top Forex Trading Signal - Sell NZD/CHF | Fibonacci Matrix (Buy forex provider sell signal)
My FX Trading Signal - Sell NZD/CHF m The NZD/CHF is sending a strong sell signal on its monthly chart with a stunning.
hi guys Tuesday july nineteenth and we are here with our top trait of the dayand the first one is the new zealand dollar versus if the swiss franc and itis a cell signalnow this is a fresh cell signal guys i've just entered this short trade andlet me show you the analysis here comes from the monthly charge or just lookingat the monthly chart and this is that basically let me just pull my drawingtool herethis is basically a very strong sell signal that what you see here is what wecall a spike a key reversal spike righta key reversal spike is usually happens when the body is at least I mean let'sdo it let's let's let's say that the the tail is at least two times the length ofthe body and as you can see hereI mean it it hasn't the month hasn't come to an end yet but still it's quitethe obvious that we're going to have here a nice reversal spike here so i'mgoing to bet on this one before it's gonna move sub-zero servicesubstantially lower i wanted i want to catch it while it's still good time todo soand we also have this here as you can see the matrix right and this is a verystrong resistance level right here at the 16 984so that's not just any levelthat's quite significant level here and the fact that Christ went all the waydown to close below it in itself it's a cell signalthe
fact that it leaves such a long tail andthe such a short body it's also you know a pattern a reversal patternso let me just quickly move to the weekly chartso here I how was it - how it looks like in the weekly chartthis is the matrix that i'm looking about when I'm talking about with theblack lines here and this is the major resistance level that is still validbecause what we've seen in the monthly chart so it's 60 months 84so I my nice topless level basically is at 70 40 which is afor enough I think to hide behind that level and my price target in this caseis well there's going to be a few rightthe next one is at 67 39 now that's a level to take under consideration thenext one will be 64 65 here which will be a major one but i believe in thiscase because prices such as done such an over shooting here taking the highsyou know with such a forceit's more than likely that it will also take the previous low here rightso that's why i put my price target at the at the levels of 63all right oh . 63 obviously i probably will react to to the behavior of priceaction against the nextyou know support levels here and the next one hereso guys this is that's about itarm i'll see on the next one bye bye
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