NZDCHF ____ INCOMING BEARISH TRADE
Updated
Fellow Traders,
NZDCHF has been cooking and right now I would say it is ready to be served. This pair had made a bearish impulse on the weekly timeframe and now, it has retraced into a key zone which is an FVG on the daily timeframe. I am not looking for another bearish leg on the weekly I just expect a short-term bearish reaction to the zone as I have marked on my chart.
Hopefully, my setup come before this move so I can take a trade because right now, it seems it might leave without me...LOL
What do you think about this trade idea? are you also watching it?
You might also want to keep an eye on EURNZD and NZDUSD.
Cheers,
David
NZDCHF has been cooking and right now I would say it is ready to be served. This pair had made a bearish impulse on the weekly timeframe and now, it has retraced into a key zone which is an FVG on the daily timeframe. I am not looking for another bearish leg on the weekly I just expect a short-term bearish reaction to the zone as I have marked on my chart.
Hopefully, my setup come before this move so I can take a trade because right now, it seems it might leave without me...LOL
What do you think about this trade idea? are you also watching it?
You might also want to keep an eye on EURNZD and NZDUSD.
Cheers,
David
Trade closed: target reached
My TP was reached this morning for 5.7R
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