Forex_Wealth_Factory

NZD/CHF Re-tracement Is OVER Be Ready to Buy

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Although the price is in a bit of a mess but on a small timeframe we can say that the price is moving to the upside slowly. According to the trendline analysis and waves analysis the price now is in the re-tracement phase after creating a nice wave. To determine your entry in this case u need to use the fibonacci tool from the previous low to the latest top, for me the best place to buy is around 61% and 71% fib level.
You can put a buy limit order around the 2 levels or u can wait to see a good bullish price action around the buying point on the 4H time frame and from there u can enter ur trade.
I will keep u guys updated when my order is trigerred.

Join Wealth Factory Now :

Telegram Channel : t.me/ForexWealthFactory

Instgram Link : www.instagram.com/forex_wealth_factory/

Join Our Vip Channel perfect Forex Trades everyday With Huge Pips Profits
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.