This is an analysis on NZDCHF daily Entry: now Stop-loss: 0.55000 TP 1: 0.64400 If the price action breaks 0.65500 then the price action is likely to get to TP 2 TP 2: 0.69500 NOTE: If you put your TP 2 inside the box/at the top of the box, it's very unlikely the price action will be trigger it because of exhaustion.... Don't be GREEDY!!! and there is going to be...
This is a weekly set-up. Entry: now/ you can wait for the price action to break the trend line at point C and retest it before you enter. Stop - loss: 115.00 (to give it enough room to breath) Take profits: there are two TPs at the points Ds. I'd advice TP should be set at the bottom of the rectangle and not the top because of consolidation at first point...