NZDCHF - Breakout Imminent
A little thought on minor - Kiwi Swissy
The pair has now seen to be recovering from the massive sell-off from the March panic sell off with RISK OFF mode ongoing thus the rush for demand for safe-heaven Franc.
The pair had now seen been trading in a low volatility consolidating pattern - indicating a breakout might be imminent; and expected the trend will last quite awhile.
#no range will last forever
Entry with BUY/SELL STOP order suggested 1 ATR above the range high (yellow line); avoiding being false entry with daily price fluctuation.
ride the breakout & follow the trend !
The pair has now seen to be recovering from the massive sell-off from the March panic sell off with RISK OFF mode ongoing thus the rush for demand for safe-heaven Franc.
The pair had now seen been trading in a low volatility consolidating pattern - indicating a breakout might be imminent; and expected the trend will last quite awhile.
#no range will last forever
Entry with BUY/SELL STOP order suggested 1 ATR above the range high (yellow line); avoiding being false entry with daily price fluctuation.
ride the breakout & follow the trend !
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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.
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.