NZDCHF ____ INCOMING BEARISH MOVE
Hello Guys,
NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside.
Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the 1-hour timeframe, I will go short.
Follow for more updates like this.
Cheers,
Jabari.
NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside.
Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the 1-hour timeframe, I will go short.
Follow for more updates like this.
Cheers,
Jabari.
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