NZDCHF 1:3 Risk Reward SHORT

NZDCHF SHORT
Wait for certain conditions before a possible entry:
- Congestion
- Short Candle formations
- Fundamentals to continue being in favor for a short

CHF
- Major holder of gold
- Uncertain economic situation causes investors to buy gold through brexit, trade war and EU debt crisis
- This appreciates the CHF

NZD
- "NZ trade deficit hits $791m in Jan - double expected figure"
- "Higher living standards, slower economy: Expert's take on CGT"
- "Economy Hub: Business gloom getting worse - new EMA chief"

Message me to see how i get the fundamental scores!

NZDUSD typo my bad! Meant to put NZDCHF

Trade attivo:

Trades working out quite nice now with momentum and fundamentals, looking optimistic

Commento:

Fundamentals increasing weakness in NZD more to come in this move!

Commento:

Trade met 1:1 Risk Reward, expecting a further drop.

Commento:

RBNZ statement dovish, likely long term weakness now for NZD with the unexpected outcome