Week 8 assignment (EXHIBIT F) for NZDCHF by PROSHERIFF
Short on NZDCHF
1. Bearish Rising Wedge has formed on the 15-minute chart.
2. A Breakout has occurred, therefore a short is recommended.
3. Height of the wedge is taken as a future projection of take profit level.
4. TP = 0.59685
5. SL = 0.60035
6. A RR ratio of 1:1.5 is in play.
1. Bearish Rising Wedge has formed on the 15-minute chart.
2. A Breakout has occurred, therefore a short is recommended.
3. Height of the wedge is taken as a future projection of take profit level.
4. TP = 0.59685
5. SL = 0.60035
6. A RR ratio of 1:1.5 is in play.
Trade closed: target reached
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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.