Hello Traders,
This pair has rallied for the longest, however, last week it printed a bearish CHOCH on the daily timeframe.
My speculation is for price to trade into the orderblock it created and continue the bearish move. Once price trades into the orderblock, I will go into the 1-hour timeframe to watch for a CHOCH before going short.
See the analysis of correlated pairs below: NZDCHF & NZDSGD
Follow for more updates like this
NZDCHF ANALYSIS
NZDSGD ANALYSIS
Cheers,
Jabari
This pair has rallied for the longest, however, last week it printed a bearish CHOCH on the daily timeframe.
My speculation is for price to trade into the orderblock it created and continue the bearish move. Once price trades into the orderblock, I will go into the 1-hour timeframe to watch for a CHOCH before going short.
See the analysis of correlated pairs below: NZDCHF & NZDSGD
Follow for more updates like this
NZDCHF ANALYSIS
NZDSGD ANALYSIS
Cheers,
Jabari
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