NZDCHF – Short signal, in a clear bearish condition
The NZDCHF is trading in a very clear bearish market condition, it was rejected from an important ST resistance level and formed a significant pattern with downward pressure:
The market just triggered my short entry. Here are the details of my trade:
Entry: 0.6986
SL: 0.7027
TP: 0.6793
It has a pretty good risk-reward ratio.
Trade Safe!
Raul Lopez
Forex Training