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NZDCHF: “RAISING WEDGE” READY FOR A SHORT-BEARISH.

    In the chart, consider the pair trading between sliding trend lines. This kind of pattern formation known as raising wedge. Mostly, this kind of pattern formation leads a bearish move with an impulse formation. Currently, the price range moving around  0.67559   In the pattern @0.68071, candles marked a pullback and opened the gate for a breakdown, which is going to happen in the next few movements. If the price range breaks the trend, the signals could easily fetch the mark 0.66758. Due to the pattern breakout, the traders should keen @0.67261. Or else If the market has sentiments with the bull, end the trade @0.68319. TRADER’S KEEN ON THE MOVEMENT AND DECIDE YOUR TRADE.   SIGNAL SPECIFICATION: Pair: NZDCHF Order: SELL Entry: 0.67559 Take profit 1: 0.67261 Take profit 2: 0.66758 Stop loss: 0.68319 Risk Vs Reward: 1.05   Our Unique Features: Follow our 15 signals ….10% equity will increase in your account for sure. We are not Trailing stop! or average the trades. 2% Risk Management Per trade. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits […]


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