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PHNXCPTL
Dec 12, 2018 12:45 AM

NZDCHF - H4 LONG SETUP - TTS-II Long

New Zealand Dollar/Swiss FrancFXCM

Description

Entered LONG on this trade after the break of the structure.

Double bottom formed near a major support level and price has broken thru the 20-SMA as well as the neckline (flipzone) of the double bottom.

TP at the next resistance level at 0.68800 and SL just below the half of the trigger candle, giving a potential reward of 2.85R.

Trade closed: stop reached

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