NZD/CHFLong
NZDCHF Bullish Reversal Opportunity
NZDCHF is picking bullish momentum from it's lowest price. A potential Bullish reversal may occur if the price breaks the previous Lower High.
Bulls may eventually face a strong resistance zone around 0.5632 till 0.5496. If this zone breaks, the likelihood of TP2 will increase.
Trade Plan
Entry @ 0.526
Stop Loss @ 0.4933
TP1 @ 0.5587
TP2 @ 0.5914
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Bulls may eventually face a strong resistance zone around 0.5632 till 0.5496. If this zone breaks, the likelihood of TP2 will increase.
Trade Plan
Entry @ 0.526
Stop Loss @ 0.4933
TP1 @ 0.5587
TP2 @ 0.5914
No. of Trades: 2
Move SL to Break Even if TP1 hits.
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