NZDCHF-bouncing on trendline Long

New Zealand Dollar/Swiss FrancFXCM

Description

⋅ Apr 13, 2015 9:36 PM

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