mulchen

NZDCHF - Potential pullback for long !!!

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hello everyone, if you like the idea, do not forget to support with a like and follow.

The following confluences have been observed and satisfied with the direction of market. Our trading plan is to bid at better price and hoping the market pick up our bid and move further with trend.
The bidding plan should come with expiry date.


1. (D1)(Y)(MUST) AutoClimate has statistic edge for moving up (Curr:3 / Std:4.09)
2. (H1/H4)(Y)(MUST) UFO is not within whitespace
3. (M55)(Y)(MUST) UFO area is not DBR or RBD
4. (M55)(Y)(MUST) EMA200/100/55 should align with EMA9 Daily
5. (M55)(Y)(MUST) EMA9 Daily inside UFO area


D1/M55
NZDCHF BUY @ 0.64574
SL 0.64295
TP 0.65160
CANCEL WHEN D1 autoclimate reset counting
CANCEL WHEN EMA200 & EMA9-daily has exceeded too wide with UFO


Disclaimer Notice !!!
The plan that shared here are not 100% confirm winning trade. There is no such thing as "always win" strategy. There will be a time we will face losing in rows. We are not pursuing high winning rate here. With good money management, we can be consistent profit in the long run.
Any trades you decide to take are your own. The trades shared here are for educational/informational purposes only and are Mulchen's personal trades.



Good luck!
~Mulchen, CISSP
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