NZDCHF - SWING - 01.OCT.2020

Good day guys..

Multi timeframe analysis

Hour-01
Bullish engulfing
Series of HH HL HH patterns
Upside pressure
Price above 200 EMA
Price above Ichimoku cloud

HOUR-4
Price above .618 Fibonacci
Strong bullish candle
Strong rejection around 0.60500
Price above 200 EMA
Price above Ichimoku cloud

DAILY
Strong bullish engulfing
Price above 200 EMA
Price above Ichimoku cloud
RSI above 50
Upward pressure

NZDCHF-SWING TRADE
BUY @ 0.61150
TP @ 0.62750
SL @ 0.59800
(Don't risk more than 1% of your capital)

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