NzdChf looking for uptime on weekly chart
NzdChf seems to be recovering from weekly lows, I am going long here
I am using DiNapoli indicators on my charts for the first time - so bear with me ..
DiNapoli indicator predictor (gold_line) pointing up - price should follow this movement
Price has moved above DiNapoli 3x3 (red line) and 25x5 (light green line) indicators
I am long before the expected break of downward trend (purple line)
It may be better to go long after break of previous highs - but I see too much bullish signs (it is up to you)
The orange trend line mark the channel up I am following and expecting to lead to new highs
Fundamentally, SNB is appearing in the news more often again, urging for a lower Chf - this helps
Minors like Cad, Aud, and Nzd are growing stronger while Usd is weak
Since this is a long term trade for me - I have no SL - I am targeting 0.69, but price may rise much higher
The Fibonacci expansion level 61.8% of last move is around 0.70 - my TP below there
Natural SL would be below/invalidation of this last move - around 0.635, I will see how it plays out
Trade on my live account: db.tt/q1Nm3WtV
I am using DiNapoli indicators on my charts for the first time - so bear with me ..
DiNapoli indicator predictor (gold_line) pointing up - price should follow this movement
Price has moved above DiNapoli 3x3 (red line) and 25x5 (light green line) indicators
I am long before the expected break of downward trend (purple line)
It may be better to go long after break of previous highs - but I see too much bullish signs (it is up to you)
The orange trend line mark the channel up I am following and expecting to lead to new highs
Fundamentally, SNB is appearing in the news more often again, urging for a lower Chf - this helps
Minors like Cad, Aud, and Nzd are growing stronger while Usd is weak
Since this is a long term trade for me - I have no SL - I am targeting 0.69, but price may rise much higher
The Fibonacci expansion level 61.8% of last move is around 0.70 - my TP below there
Natural SL would be below/invalidation of this last move - around 0.635, I will see how it plays out
Trade on my live account: db.tt/q1Nm3WtV
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.