Godal Member's, Traders and Aspiring Traders . Todays shared post is on .....
Pair : NZDCHF
Time-Frame : DAILY
Biased : Shorts / Bearish
Outlook: Currently the market has strong bullish momentum and is currently testing a daily resistant zone. What I will be waiting for is signs of the bullish market losing that bullish momentum and a break of the bullish inclined support trendline. Once that takes place will wait for price action to pull back to the circled area and wait to see if entry criteria occurs.
Pair : NZDCHF
Time-Frame : DAILY
Biased : Shorts / Bearish
Outlook: Currently the market has strong bullish momentum and is currently testing a daily resistant zone. What I will be waiting for is signs of the bullish market losing that bullish momentum and a break of the bullish inclined support trendline. Once that takes place will wait for price action to pull back to the circled area and wait to see if entry criteria occurs.