Hello everyone:
Nice to get back to charts again.
Next week we could have a nice long opportunity on NZDCHF.
Here on the 4 hr chart, we are seeing a nice price action that broke out of the triangle, formed a new higher high, then price began to pullback to form a bullish flag.
Enter at break out, targeting the daily 50 EMA, daily resistance of 0.6510, and 0.618 fibs retracement is a good R:R of 2.5:1
Thank you
Joe
Nice to get back to charts again.
Next week we could have a nice long opportunity on NZDCHF.
Here on the 4 hr chart, we are seeing a nice price action that broke out of the triangle, formed a new higher high, then price began to pullback to form a bullish flag.
Enter at break out, targeting the daily 50 EMA, daily resistance of 0.6510, and 0.618 fibs retracement is a good R:R of 2.5:1
Thank you
Joe
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