NZDCHF - 5 Reasons For A Daytrade Sell!
Sell #NZDCHF Plan
First Entry was at 0.6204
Second Entry is pending order at 0.6208
Stop is at 0.6219
Target is at 0.6185
I have 5 reasons to sell NZDCHF for a daytrade.
1. Currency Strength Meter CHF is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
First Entry was at 0.6204
Second Entry is pending order at 0.6208
Stop is at 0.6219
Target is at 0.6185
I have 5 reasons to sell NZDCHF for a daytrade.
1. Currency Strength Meter CHF is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Trade closed manually:
closed at breakeven . read trade rules.