NZDCHF 1:3 Risk Reward SHORT
Updated
NZDCHF SHORT
Wait for certain conditions before a possible entry:
- Congestion
- Short Candle formations
- Fundamentals to continue being in favor for a short
CHF
- Major holder of gold
- Uncertain economic situation causes investors to buy gold through brexit, trade war and EU debt crisis
- This appreciates the CHF
NZD
- "NZ trade deficit hits 791m in Jan - double expected figure"
- "Higher living standards, slower economy: Expert's take on CGT"
- "Economy Hub: Business gloom getting worse - new EMA chief"
Message me to see how i get the fundamental scores!
NZDUSD typo my bad! Meant to put NZDCHF
Wait for certain conditions before a possible entry:
- Congestion
- Short Candle formations
- Fundamentals to continue being in favor for a short
CHF
- Major holder of gold
- Uncertain economic situation causes investors to buy gold through brexit, trade war and EU debt crisis
- This appreciates the CHF
NZD
- "NZ trade deficit hits 791m in Jan - double expected figure"
- "Higher living standards, slower economy: Expert's take on CGT"
- "Economy Hub: Business gloom getting worse - new EMA chief"
Message me to see how i get the fundamental scores!
NZDUSD typo my bad! Meant to put NZDCHF
Trade active
Trades working out quite nice now with momentum and fundamentals, looking optimisticNote
Fundamentals increasing weakness in NZD more to come in this move!Note
Trade met 1:1 Risk Reward, expecting a further drop.Note
RBNZ statement dovish, likely long term weakness now for NZD with the unexpected outcome
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.