If you want to increase the odds on your side, don't trade inside the triangle. Wait for a break outand retest. Good Luck!
This is a short idea for 2 weeks minimum. Swing trade
NZDCHF Sell Idea @Daily Supply Zone (0.6899 - 0.69456) Sell Limit: 0.68918 Stop Loss: 0.70016 Take Profit: 0.66641 Risk Management = 0.01/$100, With Stop Loss Risk Management = 0.01/$200, No Stop Loss (Recommended) Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:2 Close partially the contract once it reaches 50% of profit, Move stop loss...
NZDCHF is approaching our first support at 0.6763 (horizontal swing low support, 61.8% & 38.2% Fibonacci retracement ) and a strong bounce might occur below this level pushing price up to our major resistance at 0.6850 (61.8% Fibonacci extension, 61.8% Fibonacci retracement ). Stochastic (89, 5, 3) is approaching its support where a corresponding bounce...
NZDCHF has a double top with bear signal. Looking down for a new swing of 260 pips. LESS IS MORE!
Trendline Wait for break to entry Warte fur trendlinen brechen !
this pair is dropping at least to the trend line. nice triple top!
can see here is at 71% fib zone and major resistance looking to close daily as bearish engulfing seeing a good sell opportunity long term swing trade taking partials along the way great risk to reward.
I'm waiting for a breakout on the small trend line then i'll try bank those pips