Pair: NZDCHF H4 (5 candle - New York close)
Entry: counter-trend trading with pin bar - pending sell limit order
Exit: 0.7140
In the H4 NZDCHF chart below, we can see a bearish pin bar sell signal that formed at short-term key level today. I am looking to get short at 50% retracement of this pin bar's length. I see the potential for downside (counter-trend) movement into 0.7135 - 0.7145 area. As always, trade at your own risk.
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| 16.01.2017 - NZDCHF H4 - Trading With Price Action |
