charles-okoukoni

NZDCHF Long Trade Setup

Largo
FX:NZDCHF   New Zealand Dollar/Swiss Franc
A #long trade opportunity recently presented itself on the #kiwiswissy (#NZDCHF) #trading chart 📈.

This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.51881 horizontal support level.

This indicates a rejection of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy).

Sufficient upward momentum should see price rallying towards the 0.55000 psychological level and possibly testing the strength of the 0.55165 horizontal resistance level.

As always, please apply appropriate risk management.

Happy trading!

#crosspair

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