NZD/CHFLong
✨ NZDCHF...UT ✨ Swing Trade ✨
✨ NZDCHF...UT ✨ Swing Trade ✨
- SL @ 0.5300 🚫
BLO @ 0.54421 ⌛️
BSO @ 0.57441 ⌛️
TP1 @ 0.62380
TP2 @ 0.70565
TP3 @ 0.75736
Current Opportunity
Our team foresees a notable downtrend retracement for DXY, leading to a bullish stance on NZDCHF. Our strategy involves partially reducing our position by 25% at the first and second take profits, ultimately closing the entire position upon reaching our third take profit.
Big Picture
Following the projected downward retracement, we anticipate DXY to sustain its upward momentum, which is expected to extend the bearish trend of NZDCHF in the long term. As we approach TP3, we will provide an update regarding a potential short position.
Happy Trading!!
- SL @ 0.5300 🚫
BLO @ 0.54421 ⌛️
BSO @ 0.57441 ⌛️
TP1 @ 0.62380
TP2 @ 0.70565
TP3 @ 0.75736
Current Opportunity
Our team foresees a notable downtrend retracement for DXY, leading to a bullish stance on NZDCHF. Our strategy involves partially reducing our position by 25% at the first and second take profits, ultimately closing the entire position upon reaching our third take profit.
Big Picture
Following the projected downward retracement, we anticipate DXY to sustain its upward momentum, which is expected to extend the bearish trend of NZDCHF in the long term. As we approach TP3, we will provide an update regarding a potential short position.
Happy Trading!!
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