NZD/CHF
Short

NCHF Intraday Opportunity

Updated
4 Hourly Engulfing Candle, 50 ema above, 1 hourly 50 ema near the entry point of 0.71

mechanical strategy

2% risk potential 8% return
Note
Price is showing a little bit of pull back potential. it got as far as 5 pips away from entry. still holding
Note
nothing still, however price pulling back, 30min ema lining up with the 1hr ema also now on 0.71
Note
Price seems to have lost a bit of momentum so we’re still sat waiting for this trade. It hasn’t activated yet however
Note
Annoyingly Stopped Out Over Night -2.5% .
Beyond Technical AnalysisFibonacciTrend Analysis

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