NZDCHF bull till resistance (channel? triangle?) then bear
Some people see a channel (aqua)
I see a triangle (red). Either way I see NZDCHF going for a bull. I set my first TP on (red - triangle) 0.698xx.
If I see it continues soaring after I will buy again and ride it to TP on (aqua - channel) 0.704.
The TP will tell me whether the channel or the triangle is active, and will follow the bear down to the respective aqua/red.
I see other fellow traders on different timeframes bet on the sell without including the chance of the bull fist.
My trail is at 230p.
I see a triangle (red). Either way I see NZDCHF going for a bull. I set my first TP on (red - triangle) 0.698xx.
If I see it continues soaring after I will buy again and ride it to TP on (aqua - channel) 0.704.
The TP will tell me whether the channel or the triangle is active, and will follow the bear down to the respective aqua/red.
I see other fellow traders on different timeframes bet on the sell without including the chance of the bull fist.
My trail is at 230p.