NZDCHF has been a choppy market in downtrend. We can see a upside channel developing which later on pushed the prices on downside. There was a first touch in the order block on
4h timeframe and then prices unable to break on upper side giving us failed HH. This could be a potential setup.
4h timeframe and then prices unable to break on upper side giving us failed HH. This could be a potential setup.
Trade closed manually
Although it was a continuation trade created a swing failure pattern, but price held at an recent OB and push back to the the SFP zone. Still price is hovering on that spot so trade couldn't perform in the continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.