This week I am currently looking at a potential sell on NZDCHF , as you can see from my chart, we are looking at a Head and Shoulders pattern. Before I do enter a sell position, I will be looking for a break of support which I have marked with a white horizontal line. You may be wish to enter when the 4 hour candle has closed below support or you can enter a short on a break and retest.
As always if you do wish to use this idea, PLEASE ENTER AT YOUR OWN RISK!!
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