NZDCHF- Potential longtern short trade
Looking at the recent breakout of the uptrend, the price has created a new LL and LH indicating a donwtrend move has started.
The price could make a potential pullback towards the trendline and then continue downtrend, if the price breaks the downtrend and creates new HH and the trade will be invalid.
Trade safe guys.
The price could make a potential pullback towards the trendline and then continue downtrend, if the price breaks the downtrend and creates new HH and the trade will be invalid.
Trade safe guys.
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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.