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Leo-btm
Feb 12, 2024 6:43 AM

NZDCHF, is this a reversal? Long

NZD/CHFOANDA

Description

NZDCHF / 1D

Hello traders, welcome back to another market breakdown.

NZDCHF pair has been trading in a Bearish trend, However, the price is showing evidence of a reversal around Key Yearly Low. Which might lead to more higher prices to see. I'll look to get on lower prices after getting the LTF confirmation in the next Pull-back phase.

Trade safely,
Trader Leo

Trade active

Update:
Comments
AlloysK
You did well. Bravo, I followed the idea until I couldn't anymore. Closed all buys on time and started selling just in time. Thanks to you.
Leo-btm
@AlloysK, Congrats mate
ceciliones
great work
Leo-btm
@ceciliones appropriate the support
MadWhale
agree here
Leo-btm
Xanrox
Good analysis, wait for the 0.55 level.
Leo-btm
@Xanrox still waiting for a good pull-back
Arazmajeed
awesome explanation well done
Leo-btm
@Arazmajeed appropriate it
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