Pattern is complete. i am awaiting certain technical conformation before taking this trade LONG. stay tuned for the updates on entry, tp and sl
Comment:
THIS ONGOING SHORT NZDCHF 4H TF TRADE HAS HIGH STRONG CORRELATION WITH THE POTENTIAL EURUSD THAT WE WANT TO TAKE.
BUT THE NZDCHF IS CLOSE TO HITTING OUR TP TARGET. ONCE IF HIT I WILL LOOK TO GO LONG ON EURUSD. THIS IS DONE SO AS NOT TO EXPOSE THE ACCOUNT CAPITAL TOO MUCH ON THE SAME CORRELATING FX PAIRS
STAY TUNED FOR UPDATES
Comment:
PATTERN IS INVALIDATED DUE TO BREACH OF KEY FIB LEVEL.
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THIS ONGOING SHORT NZDCHF 4H TF TRADE HAS HIGH STRONG CORRELATION WITH THE POTENTIAL EURUSD THAT WE WANT TO TAKE.
BUT THE NZDCHF IS CLOSE TO HITTING OUR TP TARGET. ONCE IF HIT I WILL LOOK TO GO LONG ON EURUSD. THIS IS DONE SO AS NOT TO EXPOSE THE ACCOUNT CAPITAL TOO MUCH ON THE SAME CORRELATING FX PAIRS
STAY TUNED FOR UPDATES