Illusion - Stocks have recovered and all our problems are over.
Reality - This is a deep retracement and it means the sell off is going to be stronger. The NZDCHF bull run has come to an end and there is a M15 pattern to short.
H4 divergence present although not overbought
M15 divergence present
Reality - This is a deep retracement and it means the sell off is going to be stronger. The NZDCHF bull run has come to an end and there is a M15 pattern to short.
H4 divergence present although not overbought
M15 divergence present
Trade closed: target reached:
Perfect trade for 115 pips. Markets fell just as we predicted.
19/05/22 DEAL NZD/CHF Mini SD80.02
19/05/22 NZD/CHF Mini SD75.46
This trade netted 1.5% within 12 hours.
Funds: SD10,541.01
19/05/22 DEAL NZD/CHF Mini SD80.02
19/05/22 NZD/CHF Mini SD75.46
This trade netted 1.5% within 12 hours.
Funds: SD10,541.01