Week 8 assignment (EXHIBIT F) for NZDCHF by PROSHERIFF
Short on NZDCHF
1. Bearish Rising Wedge has formed on the 15-minute chart.
2. A Breakout has occurred, therefore a short is recommended.
3. Height of the wedge is taken as a future projection of take profit level.
4. TP = 0.59685
5. SL = 0.60035
6. A RR ratio of 1:1.5 is in play.
1. Bearish Rising Wedge has formed on the 15-minute chart.
2. A Breakout has occurred, therefore a short is recommended.
3. Height of the wedge is taken as a future projection of take profit level.
4. TP = 0.59685
5. SL = 0.60035
6. A RR ratio of 1:1.5 is in play.
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