JD_TeenTrader

NZDCHF Sell Opportunity - Stock decline coming up tonight

Short
JD_TeenTrader Updated   
FOREXCOM:NZDCHF   New Zealand Dollar / Swiss Franc
Illusion - Stocks have recovered and all our problems are over.

Reality - This is a deep retracement and it means the sell off is going to be stronger. The NZDCHF bull run has come to an end and there is a M15 pattern to short.

H4 divergence present although not overbought
M15 divergence present

Trade closed: target reached:
Perfect trade for 115 pips. Markets fell just as we predicted.

19/05/22 DEAL NZD/CHF Mini SD80.02
19/05/22 NZD/CHF Mini SD75.46

This trade netted 1.5% within 12 hours.

Funds: SD10,541.01

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