NZDCHF - Breakout Imminent
A little thought on minor - Kiwi Swissy
The pair has now seen to be recovering from the massive sell-off from the March panic sell off with RISK OFF mode ongoing thus the rush for demand for safe-heaven Franc.
The pair had now seen been trading in a low volatility consolidating pattern - indicating a breakout might be imminent; and expected the trend will last quite awhile.
#no range will last forever
Entry with BUY/SELL STOP order suggested 1 ATR above the range high (yellow line); avoiding being false entry with daily price fluctuation.
ride the breakout & follow the trend !
The pair has now seen to be recovering from the massive sell-off from the March panic sell off with RISK OFF mode ongoing thus the rush for demand for safe-heaven Franc.
The pair had now seen been trading in a low volatility consolidating pattern - indicating a breakout might be imminent; and expected the trend will last quite awhile.
#no range will last forever
Entry with BUY/SELL STOP order suggested 1 ATR above the range high (yellow line); avoiding being false entry with daily price fluctuation.
ride the breakout & follow the trend !
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