NZD/CHF short potentially coming up. As long as the prices reject under the 4H 50 EMA this move is active.
If prices begins to find support and break the resistance then look for a short term buy back up.
Keeping an eye on this one as to how it will turn out.
Trade safe.
If prices begins to find support and break the resistance then look for a short term buy back up.
Keeping an eye on this one as to how it will turn out.
Trade safe.
Comment:
This trade is currently on hold. It has yet to make another high test before it confirms it's move down in the long term. As soon as we have a good high test on the 8H. We can short it again.
Trade active:
The high test was done successfully, prices were able to hold under the 4H 50 EMA, the trade is back active.
Comment:
Prices weren't able to hold the 4H 50 EMA and the push up was obvious. Trade was closed with minimal loss.