NZDCHF short intraday/swing trade setup

26 בפבר׳ 2019

NZDCHF short intraday/swing trade setup based on lower highs and strong red volume. Price is overextended here and showing significant signs of weakness. This engulfing red candle break to the downside has convinced me to take a short position. Please note: Trading currencies carries a high element of risk where financial loss can be significant. This analysis is not to be construed as financial advice.