NZDCHF long off Schiff Pitchfork support and AB=CD completion.
Possible bounce off Schiff Pitchfork channel. On the 4 hour there is an AB=CD completion. If you zoom into the five minute there is a 1-2-2-2 bullish harmonic pattern completion. Pair is at the bottom of a Schiff Pitchfork support and oversold on the oscillators.
Look for a retrace to the midpoint (price target 1) or top of the channel (price target 2).
Look for a retrace to the midpoint (price target 1) or top of the channel (price target 2).
Trade active
So Far So Good. Might want to move stop up to .6340 to eliminate risk.Note
This one is a winner and done for now.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.