AlkalineFX

NZDCHF - Interesting Idea

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Initially I thought we would see immediate rejection from the key daily supportive level marked but we didn't. I personally believe most retail traders would have been buying at the area using a tight stop loss. Now that banks have come in and driven the price down to SL hunt, they may have now gathered enough liquidity to drive prices higher. I will be waiting for a break and retest of this small resistance marked before considering a long position. If this set-up completes it could provide us with a great risk to reward trade.
🚨 Free Forex Signals 🚨
https://t.me/alkalinetrade

⚜️Start your 7-Day Free Trial to our Premium⚜️
http://shorturl.at/bBQZ0

💎 All Alkaline Links 💎
https://taplink.cc/alkalinefx