NZDCHF Ascending Triangle ABCDE Correction Long

New Zealand Dollar/Swiss FrancFXCM

Description

⋅ Apr 28, 2021 3:22 AM

For entry, wait for the price to have touched the 0.786 line and a maximum of 3 candles after that price should make a rejection

SL : 0.6542 (30 pips)
TP 1 : 0.6620 (+1.7)
TP 2 : 0.6645 (+2.5)
Tp 3 : 0.6670 (+3.4)
TP 4 : 0.6703 (+4.4)

Comment

⋅ Apr 28, 2021 9:42 AM

unfortunately the price doesn't trigger a buy limit. we're going to buy on the breakout

Trade active

⋅ Apr 30, 2021 12:10 AM

There is a rejection in the trendline, the opportunity to go up is still strong while there is no downward break. and the price continues to form new lower highs even though the 5 wave has been completed

SL : 0.65512 (36 pips)
TP 1 : 0.6620 (+1)
TP 2 : 0.6645 (+1.6)
Tp 3 : 0.6670 (+2.3)
TP 4 : 0.6703 (+3.2)

Trade closed: stop reached

⋅ Apr 30, 2021 3:06 PM

(-1) 36 pips