NZDCHF 12H, price approaching trend line!

١ سبتمبر ٢٠٢٠

Price broke through a previous resistance zone on the 4H time frame. We can now monitor this pair closely over the next few days to see if price decides to hit and respect this 12H trend line instead. If we get signs of rejection near the trend line and price does not break through it then we can drop to a lower time frame and wait for a reversal pattern to form before entering a sell.