NZDCHF, 4hr tf, buy on 61.8% retracement
Trade ideas for NZDCHF by Hardi
Looks like this setup now ready to be taken.
I've shared about NZDCHF when price finally broken above the deacending trendline. Right now price retracing around 61.8 fibonacci level which is a level i was waiting to take buy position.
This trade might take some times to play as our plan as it spend 2 months in the correction phase.
Buy NZDCHF 0.6540
Stop loss 0.6470 (70 pips)
Take profit 0.6840 (300 pips)
Use only 1-2% risk
Good luck
Looks like this setup now ready to be taken.
I've shared about NZDCHF when price finally broken above the deacending trendline. Right now price retracing around 61.8 fibonacci level which is a level i was waiting to take buy position.
This trade might take some times to play as our plan as it spend 2 months in the correction phase.
Buy NZDCHF 0.6540
Stop loss 0.6470 (70 pips)
Take profit 0.6840 (300 pips)
Use only 1-2% risk
Good luck
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