About meI'm a Forex Trader based around North London. I have been trading for the last 5 years and currently trading a funded account. Ant and I offer services to anyone looking to get involved in the Forex industry through our premium group or our course.
Price is currently forming descending market structure within a channel. Price made an rising wedge into a strong level of resistance and the upper trendline of the channel. We have now broken out of the rising wedge and expecting some further downside movement.
NZDCHF - Buy Position 📈
Current floating trade. Now all we have to do is manage the trade. Once price smashes through the trendline we can then move SL to below structure which is where i've marked with the "X".
We will keep on doing this until it hits TP or Stop loss. This process is called stop trailing. If you wold like to know more and the hidden secrets...
**NZDCAD:** Sell Bias :chart_with_downwards_trend:
- Big fat bearish engulfing candle showing lots of sellers in the market
- A nice impulsive move to the downside making a LL in the market
- Double top and now waiting manipulation above the neckline