Possible Long Setup on NZDCHF
PAIR IN FOCUS: NZDCHF
ACTION: LONG
The overall idea is a counter-trend trade - looking to enter a long position and TP at the trend line which has been broken previously.
Price has broken up of a falling wedge, but still in part of a retracement of a larger bearish wave. Price has tested the 38.2 Fibonacci retracement level and slightly rejected it. The Entry Zone would see a price retrace that will provide a better R:R for this trade.
The Entry Zone, TP Zone and Stop Loss have been indicated on the charting.
ACTION: LONG
The overall idea is a counter-trend trade - looking to enter a long position and TP at the trend line which has been broken previously.
Price has broken up of a falling wedge, but still in part of a retracement of a larger bearish wave. Price has tested the 38.2 Fibonacci retracement level and slightly rejected it. The Entry Zone would see a price retrace that will provide a better R:R for this trade.
The Entry Zone, TP Zone and Stop Loss have been indicated on the charting.
Nota
Price barely at the entry zone. Observe further price action for entriesDagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.