NZDCHF Buy idea
Sell idea
Pullback due - potential long opportunities on test of emas and broken trend line
Valid entry short if daily candle closes below 200 ema
Long position - bull flag break
as per diagram
We entered a sell position at the arrow shown + 40 running
possible long position here
Potential long from 61.8% fib level.
Await possible pull back before long entry.
Our entry shown - 20+ pips profit, stops moved to break even for targets 2 and 3.
First arrow shows where we informed our Whatsapp group. Break of trend line, expecting a test of bottom line to show further direction.
Either direction, but wait for price to get to these levels for either long short breakout.
Long position from this area.
Potential long position upon test of this TL
short position upon test of upper resistance level for break below
Short position upon failed test of ascending trend line
Long opportunity - simple break and retest of trend line