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...
NZDCAD is trying to go down for a while now, to backup my idea. there is a minor trendline that has got third touch with a resistnace just above that gave us a reason to go short. CAD is going strong and with the price action I believe that this pair has a drop of 100 pip or more