NZDCHF has been ranging for a few days now.
Price was previously pushing upwards but failing to make a new high on multiple occasions we assume this range is holding strong. Now onto the 3rd touch of the trendline we have high probability for price to move back down into the high volume area marked by the rectangle.
Huge risk reward available.
Price was previously pushing upwards but failing to make a new high on multiple occasions we assume this range is holding strong. Now onto the 3rd touch of the trendline we have high probability for price to move back down into the high volume area marked by the rectangle.
Huge risk reward available.
Comment:
Trade entry available. Stops above accumulation on 4H or above the range in 15 minute timeframe