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.
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