NZDCHF LONG
PRICE HAS FINALLY COME BACK TO THE DEMAND ZONE WHERE THE STRONG MOVE HAPPENED AS A RESULT OF THE INTEREST RATE DECISION IT HAD SPIKED , RANGED AND THEN DROPPED BACK TO THE DEMAND ZONE WHICH I CALLED A RALLY - BASE - DROP PATTERN. THE MARKET HAD TESTED THE AREA OF DEMAND AND FORMED A PINBAR AT THE AREA SO I WILL ENTER STRAIGHT AWAY WITH MY STOP AT THE LOWER WICK OF THE PINBAR AND PROFIT TARGET PLACED AT THE NEXT SUPPLY ZONE IF I GET ANY SIGN OF REJECTION AT THE RANGE OF THE PAIR MARKED ON THE CHART I WILL STOP THE TRADE
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.