AdamFx42
Long

NzdChf looking for uptime on weekly chart

FX:NZDCHF   New Zealand Dollar/Swiss Franc
39 1 1
NzdChf             seems to be recovering from weekly lows, I am going long here

I am using DiNapoli indicators on my charts for the first time - so bear with me ..
DiNapoli indicator predictor (gold_line) pointing up - price should follow this movement
Price has moved above DiNapoli 3x3 (red line) and 25x5 (light green line) indicators

I am long before the expected break of downward trend (purple line)
It may be better to go long after break of previous highs - but I see too much bullish signs (it is up to you)
The orange trend line mark the channel up I am following and expecting to lead to new highs

Fundamentally, SNB is appearing in the news more often again, urging for a lower Chf - this helps
Minors like Cad, Aud, and Nzd are growing stronger while Usd is weak

Since this is a long term trade for me - I have no SL - I am targeting 0.69, but price may rise much higher
The Fibonacci expansion level 61.8% of last move is around 0.70 - my TP below there
Natural SL would be below/invalidation of this last move - around 0.635, I will see how it plays out

Trade on my live account: https://db.tt/q1Nm3WtV
AdamFx42
7 months ago
Break above the purple weekly resistance signals bullish, and SL is set below to break-even, so it worked this time to go long before the bell at 0.6650
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