Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
NZDCHF Great Opportunity !!!
New Zealand Dollar/Swiss Franc
Short
NZDCHF Great Opportunity !!!
By newbietrader_TZW
Follow
Follow
Aug 7, 2021
1
1
1
Aug 7, 2021
H4
Currently price level under pressure of 200MA
Furthermore it is also under pressure of key resistance of descending channel
MACD was showing exhaustion of bullish momentum
What to do now?
Short the market if you are an aggressive treader
For conservative method is waiting for the reversal signal such as bearish engulfing or hammer pattern
Do your proper risk management
Technical Indicators
Trend Analysis
newbietrader_TZW
Follow
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
.