NZDCHF MMXM Closed, Reversal inbound.

2024年1月31日

An MMXM on the 1-hour time frame on NZDCHF is a very strong reversal signal. I am waiting for a slight pullback before entering this trade with a 1:2 risk-to-reward and I place my stop-loss below the lows.

2024年2月1日

取消訂單

The price did not pull back like how I wanted, so that I could have gotten a better entry. But now that the price already pumped and is near the swing high, I'll cancel this trade because the move is already completed and there is nothing else for us here.