NZDCHF: "RAISING WEDGE" READY FOR A SHORT-BEARISH.
Hello traders,
In the chart, consider the pair trading between sliding trend lines. This kind of pattern formation known as raising wedge. Mostly, this kind of pattern formation leads a bearish move with an impulse formation.
Currently, the price range moving around 0.67559.
In the pattern @0.68071, candles marked a pullback and opened the gate for a breakdown, which is going to happen in the next few movements.
If the price range breaks the trend, the signals could easily fetch the mark 0.66758 (shown in the graph).
Due to the pattern breakout, the traders should keen @0.67261. If possible means, take a break there.
Or else If the market has sentiments with the bull, end the trade @0.68319.
TRADER'S KEEN ON THE MOVEMENT AND DECIDE YOUR TRADE.
SIGNAL SPECIFICATION:
Pair: NZDCHF
Order: SELL
Entry: 0.67559
Take profit 1: 0.67261
Take profit 2: 0.66758
Stop loss: 0.68319
Risk Vs Reward: 1.05
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
In the chart, consider the pair trading between sliding trend lines. This kind of pattern formation known as raising wedge. Mostly, this kind of pattern formation leads a bearish move with an impulse formation.
Currently, the price range moving around 0.67559.
In the pattern @0.68071, candles marked a pullback and opened the gate for a breakdown, which is going to happen in the next few movements.
If the price range breaks the trend, the signals could easily fetch the mark 0.66758 (shown in the graph).
Due to the pattern breakout, the traders should keen @0.67261. If possible means, take a break there.
Or else If the market has sentiments with the bull, end the trade @0.68319.
TRADER'S KEEN ON THE MOVEMENT AND DECIDE YOUR TRADE.
SIGNAL SPECIFICATION:
Pair: NZDCHF
Order: SELL
Entry: 0.67559
Take profit 1: 0.67261
Take profit 2: 0.66758
Stop loss: 0.68319
Risk Vs Reward: 1.05
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
Trade closed: target reached
Market forming a pullback setup for a downrun. Don't panic. Trader's Be with our plan look for more down. Decide your move.