WAITING FOR NZDCHF TO REACH THE RESISTANCE
Hello traders! Price fall down strongly because of RBNZ interest rate decision and statement. We are now seeing a retracement, but I didn’t enter any longs because I was not sure if support will hold or price will simply break through it. So now we have to wait to see if price will reach resistance area and from there we can enter shorts with good R:R ratio and ride the next wave down to the next lower low.
If you like the idea and find it helpful please press like 👍 and feel free to leave a comment bellow. Thank you
If you like the idea and find it helpful please press like 👍 and feel free to leave a comment bellow. Thank you
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