Cenotaph
Short

NZDCHF Short to median

FX:NZDCHF   New Zealand Dollar/Swiss Franc
7 months ago
The main trend on the daily chart has a bearish bias as shown by the pitchfork setup. Price at the moment is near SR and the median parallel line, There's a high probability for a short towards the median line (in red on the left). Price needs to make clear bearish moves first.

When price makes those lower lows, there's an entry possible for a 1:3.2 RR ratio trade.

Comments or idea's, let me know below.

Thanks and good trading!
7 months ago
Trade closed: stop reached: See below
7 months ago
Trade active: Based on new entry
7 months ago
Trade closed manually: Had this trade open for 2 weeks now, will close it manually in profit
Keep It Simple

Related Ideas

Cenotaph PRO
7 months ago
Major SR zone will be hit, a reversal there?
snapshot
Reply
Cenotaph PRO
7 months ago
Still looking bearish, with classic double top
snapshot
Reply
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