NZDCHF broke out of an ascending trendline on the 4H channel. In my view there is a pull back in progress. Will add shorts when the price goes higher towards the desecending trendline. SL is placed around 0.64700, if the price reaches that point I don't prefer any shorts.
I will take a short position at the possible D turning point. Once the price reached the 4H trend zone i'll probably taking a long depending on the circumstances at that moment. Stay tuned. I will also post my breakdown of this pair in a further post.
Breakout of ascending channel + resistance zone. I will enter a small short position with a 30 pip stoploss to not take that much risk. If the EURUSD does fall down i'll look for bigger positions to add on a reasonable entry.
Here is an idea of EURUSD for long term, will upload lower timeframes under this post. I'll also going to look for some good positions entries and post them invidual.
