NZDCHF - Bearish Outlook
Two tails now at a major resistance. Seems like bulls are losing momentum. The 200ema is providing some support but hopefully wont hold. If price breaks below that then next major support is .7500.
High take profit trade and fairly long term. Be willing to hold for a few weeks for price to play out if necessary. But we also have a tight stop not too far away from the entry.
GL
High take profit trade and fairly long term. Be willing to hold for a few weeks for price to play out if necessary. But we also have a tight stop not too far away from the entry.
GL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.