Here is a trade i took on NZDCHF, not my usual pair however the RRR was too tempting.
Reasons for this trade was simple. The pair was trending downwards, and it pulled back into a nice fib zone that i have a method of placing. Also into a HTF supply Zone. I waited for confirmation and executed the trade which is now running in nice profit. I do believe we will see a nice pull back for another opportunity to short.
Reasons for this trade was simple. The pair was trending downwards, and it pulled back into a nice fib zone that i have a method of placing. Also into a HTF supply Zone. I waited for confirmation and executed the trade which is now running in nice profit. I do believe we will see a nice pull back for another opportunity to short.
Comment:
Moving my SL to breakeven on this pair noe as i wouldnt want to see it retest those highs again.