Nice little trade on NZDCHF this morning now we wait to see if we are to get into shorts or wait for the break retest and long again.
Always be patient in these situations. Can be so easy to just jump in the trade ans then later wish you just waited for some sort of confirmation. If we see a reversal happening off this descending trend line and we have candle closures toconfirm then we will look to get in to shorts back down to 0.58274. Like wise if we continue to see upward momentum then we will wait for the break of the trend, then wait for price toretest the trend and enter intoour long positions.
Be patient. Any questions drop a comment!
Always be patient in these situations. Can be so easy to just jump in the trade ans then later wish you just waited for some sort of confirmation. If we see a reversal happening off this descending trend line and we have candle closures toconfirm then we will look to get in to shorts back down to 0.58274. Like wise if we continue to see upward momentum then we will wait for the break of the trend, then wait for price toretest the trend and enter intoour long positions.
Be patient. Any questions drop a comment!