IDENTIFY: We have identify NZDCHF in line with one of my strategy. we have identify the trend is down and rejected from 61.8 fib and looking to continue down.
PLAN: Technically daily chart looking to form a bear flag and created the pinbar and than inside bar, likely to take the move down
TRADE: We have placed the SELL STOP order below the daily candle and STOP LOSS 5 pips above the daily candle and TAKE PROFIT at the support, that give us 3:1 ratio
SL: 70 PIP
TP: 210 PIP
PLAN: Technically daily chart looking to form a bear flag and created the pinbar and than inside bar, likely to take the move down
TRADE: We have placed the SELL STOP order below the daily candle and STOP LOSS 5 pips above the daily candle and TAKE PROFIT at the support, that give us 3:1 ratio
SL: 70 PIP
TP: 210 PIP