The previous trading plan for NZD/CHF talked about setting up limit orders in order to decrease the price.
Plan:
This was realized on Friday, during the US session, when the pair tested and broke through the target level. It signals that traders should close long positions for profit.
Development:
Congratulations to those who followed the strategy! NZD/CHF moved by as much as 1,850 pips.
The trading idea was based on the grid trading method, which is usually used on cross rates
Good luck and have a nice day! Don't forget to control the risks.
