NipunaLakpriya

BUY opportunity in NZD/CHF

Long
NipunaLakpriya Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Here in NZD/CHF price is create a AB=CD pattern in D1 time frame.So we can enter for a long at the 0.65213.Beacause D point of AB=CD pattern is on that price and in H1 time frame shows the trend weakening and M15 time frame shows the kumo breakout to the upside.Therefore we can enter a long.Our TP 1 should be the 38.2% fibonacci retracement and TP 2 should be the 61.8% fibonacci retracement of A to D.Place your stop loss according to your reward risk ratio.
Comment:
Trade was partially closed
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