Are you ready for the NFP rate hike? Seems like this pattern is predicting a huge spike. Direction is unknown. However, the EMAs and the patterns dictate that you should take a short position.
NZDCHF correlates to NZDUSD so do be careful. I have observed that NZDCHF to be less volatile than NZDUSD so if you are looking for less volatility you might want to trade this one instead of the US one
i'll wait for a breakout before entering. WAIT FOR THE CANDLE TO CLOSE. The 1H pattern at 8 is going to be tall. so wait for the candle to close before confirming the direction of the trend.
Do you know you can profit both ways? Just use the measure rule to calculate profit target up or down.
NZDCHF correlates to NZDUSD so do be careful. I have observed that NZDCHF to be less volatile than NZDUSD so if you are looking for less volatility you might want to trade this one instead of the US one
i'll wait for a breakout before entering. WAIT FOR THE CANDLE TO CLOSE. The 1H pattern at 8 is going to be tall. so wait for the candle to close before confirming the direction of the trend.
Do you know you can profit both ways? Just use the measure rule to calculate profit target up or down.