NZDCHF - short entry on the breakout of the bearish flag

This pair is at the top of H4 TF Rising Wedge Structure. While reaching this top area, it form another corrective rising wedge structure in H1 TF.

Its now breaking below the Risin wedge in H1, and forming bearich continuation flag pattern. I enter short entry on this pair on the break of the flag, with sl above tha flag, targetting to at least to the bottom area of h4 rising wedge structure at 0.60500.

Lets see how will this one play out. Good luck

تم فتح الصفقة:

Trade Active

تعليق:

almost 1 % running on this trade,. i move sl near bep at 0.63050 to minimize risk

تعليق:

I move sl past bep now at 0.92950. Need to be more careful and lock some profit,.. as price now seem to just correct andlack momentum. It''s already showing early sign of potentially evolving into a bigger structure

تعليق:

Manual close at + 0.77% as it seems starting to lossing momentum and can reverse soon..