Get started
wildeagle

NZDCHF buy set up at 61.8 Fibonnaci

Long
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
wildeagle Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Technical Indicators Chart Patterns
1
1
trendanalysis indicator chartpattern
Hello everyone,

This is my idea for NZDCHF.
The pair create a W formation, after the over extended bull run, price now drop and retest the support which is line up perfectly at 61.8 Fibonacci level.
I recommend we keep this pair in our watch list, and try to find a buy signal in 4h timeframe.

Risk reward is 1:3 for this trade.
Goodluck to everyone.

Cheers

Please do your own analysis before start trading.
Comment:
Very accurate buy set up. To people who followed my plan, you can move your stop loss at break even, and start taking profit slowly.
Goodluck to everyone.
Cheers
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.