NZDCHF - 4H BEARISH ENGULFING SETUP

NZDCHF has formed a significant bearish engulfing on the 4 hour time frame.

The bearish engulfing candle engulfed 4 previous candles and closed at 8am CST Friday.

SL set at engulfing candle body high. TP set at 3X risk.

Sell limit set at 50% retracement level.

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