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NZDCHF - Warning High SI at Support

Our Story:

  1. There was buying at bottom of the chart (4 days ago, at 100 Fib - high Volume) then we went up and then started retracing to Fib

  2. We have overshooted a bit the 61.8 Fib and hit Support

  3. Looks like there is some buying at Support - high volume

  4. A high SI formed of 32 formed on the way up. This is a warning, this could evolve in many things: a. start ranging for a while, b. Plutus Long or c. Plutus Reversal Short

Patience will see next week.



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