New Zealand Dollar / Swiss Franc
DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Alright everyone, check this break of trend that happened these last two weeks. Didn't go too far though, hit previous support and bounced back up on the last hours of Friday's trading.
So lets wait for a break of previous support and confirmation of a trend reversal.
Here's a look at the hourly hitting the fibonacci retracement levels:
Practice patience. Safe trading!
Alright everyone, check this break of trend that happened these last two weeks. Didn't go too far though, hit previous support and bounced back up on the last hours of Friday's trading.
So lets wait for a break of previous support and confirmation of a trend reversal.
Here's a look at the hourly hitting the fibonacci retracement levels:
Comment:
Well guys there it is. Price slowly moving down. Rejected that resustance level from October 2016. I will not have this position open tomorrow for the FED meetings.