NZDCHF 1/5 RR Shorts
NZDCHF has been in a clear cut down trend for some time. We have managed to create a triple top here at the highs. We are having a tight stop loss sitting above with lots of liquidity. However, this is a trend continuation trade and we expect price to return to the bottom of the lows. This is an excellent 1/5 RR on a higher time frame with some small pullback action on the LTF.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.