Hello traders, welcome back to another market breakdown.
NZDCHF is trading in a down trend, As a trend following strategy suggets, any pull-back is an opportinity to short. I'll be waiting for a pull-back for shorting opportinity around my sell zone. My target would be the second leg down that lines up with the 1 standard deviation target for bears.
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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.