Prosheriff

Week 8 assignment (EXHIBIT F) for NZDCHF by PROSHERIFF

Short
Prosheriff Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Short on NZDCHF

1. Bearish Rising Wedge has formed on the 15-minute chart.

2. A Breakout has occurred, therefore a short is recommended.

3. Height of the wedge is taken as a future projection of take profit level.

4. TP = 0.59685

5. SL = 0.60035

6. A RR ratio of 1:1.5 is in play.
Trade closed: target reached
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