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NZD-CHF

NZDCHF | Double BottomPlease support this idea with LIKE if you find it useful. Initiate Long. Entry - 0.63165 TP1 - 0.63686 TP2 - 0.63946 TP3 - 0.64162 TP4 - 0.64353 TP5 - 0.64638 TP6 - 0.64823 SL - 0.63044 Reason: Price formed Double Bottom. Resistance trendline has been broken. -Please consider to initiate a position on a confirmed breakout of horizontal resistance. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Long
by Anpu
2
NZDCHF | Lost Pivot PointPlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 0.62712 TP1 - 0.672234 TP2 - 0.61957 TP3 - 0.61638 SL - 0.62863 Reason: Price was rejected by Resistance. Price lost its Pivot Point as a support level. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
1
Nzd Chf on its way into QM area with supply above Nzd Chf currently on its way north we have qm area + a supply zone in front of us and i would like to see some PA right into the zone to look for a short with first target at flip zone and second one at swing low if price is able to break the flip ... in case we break the qm and absorb the supply we need to readjust the plan but so far iam a bear if we arrive at the market areas of course this is a daily trade and an entry in ltf would be a good choice to maximize the RR ..if u have no time or u just love the daily then trade it that way ;-) 1000 ways to skin a cat .. cheers and nice sunday guys
Short
by Trueman23