New Zealand Dollar/Swiss FrancPenjualan
NZDCHF down
As per the last post on NZDJPY - I think the move down on NZDCHF is coming a little sooner.
Both suggest a shift in the NZD as the driving factor for the bigger move.
looking at the monthly
we are closer to the regression top.
The weekly is already above Regression.
And all major timeframes (Monthly, Weekly & Daily) are Stochastic overbought positions.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Both suggest a shift in the NZD as the driving factor for the bigger move.
looking at the monthly
The weekly is already above Regression.
And all major timeframes (Monthly, Weekly & Daily) are Stochastic overbought positions.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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