NZDCHF buy set up at 61.8 Fibonnaci
Hello everyone,
This is my idea for NZDCHF.
The pair create a W formation, after the over extended bull run, price now drop and retest the support which is line up perfectly at 61.8 Fibonacci level.
I recommend we keep this pair in our watch list, and try to find a buy signal in 4h timeframe.
Risk reward is 1:3 for this trade.
Goodluck to everyone.
Cheers
Please do your own analysis before start trading.
This is my idea for NZDCHF.
The pair create a W formation, after the over extended bull run, price now drop and retest the support which is line up perfectly at 61.8 Fibonacci level.
I recommend we keep this pair in our watch list, and try to find a buy signal in 4h timeframe.
Risk reward is 1:3 for this trade.
Goodluck to everyone.
Cheers
Please do your own analysis before start trading.
Nota
Very accurate buy set up. To people who followed my plan, you can move your stop loss at break even, and start taking profit slowly.Goodluck to everyone.
Cheers
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