FullTimeTrader

NZDCHF-bouncing on trendline

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
3
Some reasons for a long using this setup:
- bouncing on trendline
- strong support/structure (red)
- 0.61 fib retracement
- inside bar (a pinbar on my MT4 platform)
- bullish hidden divergence
- stochatics oversold
- Daily 55 ema level (blue)

Lets see what happens

Regards


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