NZDCHF
Here is a trade i took on NZDCHF, not my usual pair however the RRR was too tempting.
Reasons for this trade was simple. The pair was trending downwards, and it pulled back into a nice fib zone that i have a method of placing. Also into a HTF supply Zone. I waited for confirmation and executed the trade which is now running in nice profit. I do believe we will see a nice pull back for another opportunity to short.
Reasons for this trade was simple. The pair was trending downwards, and it pulled back into a nice fib zone that i have a method of placing. Also into a HTF supply Zone. I waited for confirmation and executed the trade which is now running in nice profit. I do believe we will see a nice pull back for another opportunity to short.
Note
Moving my SL to breakeven on this pair noe as i wouldnt want to see it retest those highs again.
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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.