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Imran.Osman

The beginnings of a trend?

Short
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
Imran.Osman  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
2
0
  • Price has gone below the flag for more than a day. This may be a sign of a downtrend starting.
  • A safe entry would be going short after the retest at 0.71609 area.
  • The riskier position would be going long on the retrace (around 0.70453) and subsequently short to follow the trend.
  • Hints would be based on D1 candlestick formation.
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