FX-Diaries: NZDCHF 4H long
First setup of the week.
There is a clean downtrend reaching support.
Followed by a couple of pinbars, One deeper that the other.
That's what I like to see because it means price is searching for liquidity and stops are hit.
after the engulfing candle I entered the trade
There is a clean downtrend reaching support.
Followed by a couple of pinbars, One deeper that the other.
That's what I like to see because it means price is searching for liquidity and stops are hit.
after the engulfing candle I entered the trade
Trade closed: stop reached
Stop reached in the night due high impact NZD news.
Still waiting for another entry but for now not yet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.