NZDCHF quick long
Quick long position.
reasons for long:
3th touch TL
srtong horizontal support level
38.2%fib
4 hour 200 EMA
A higher high and higher low are already formed.
TP just below last high
SL just below last low
reasons for long:
3th touch TL
srtong horizontal support level
38.2%fib
4 hour 200 EMA
A higher high and higher low are already formed.
TP just below last high
SL just below last low
Note
possible risks:double top has already been formed, therefore not gonna try to push it higher.
Note
Trade set up invalid, looking at a short which I will publish
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.