NZDCHF, 4hr tf, buy on descending channel breakout
Zaktualizowano
Hello my friends,
Tomorrow we will start the first trading day of November.
I hope everyone gonna have a great month as well in November.
Because there will be US election, i think it will be better to stay away from USD pairs for now.
The first setup for November gonna be NZDCHF pairs.
After marking our horizontal support and resistance zone, we could see price alread broken above the ascending channel.
There is a retest on this channel and i think we could start buying it as price could rotate higher.
Buy NZDCHF 0.6055
Stop loss 0.6030
Take profit 1 at 0.6110 (2.2R)
Take profit 2 at 0.6160 (4.2R)
Use only 1-2% risk
Good luck
Tomorrow we will start the first trading day of November.
I hope everyone gonna have a great month as well in November.
Because there will be US election, i think it will be better to stay away from USD pairs for now.
The first setup for November gonna be NZDCHF pairs.
After marking our horizontal support and resistance zone, we could see price alread broken above the ascending channel.
There is a retest on this channel and i think we could start buying it as price could rotate higher.
Buy NZDCHF 0.6055
Stop loss 0.6030
Take profit 1 at 0.6110 (2.2R)
Take profit 2 at 0.6160 (4.2R)
Use only 1-2% risk
Good luck
Transakcja zamknięta: osiągnięto wyznaczony cel
TP 1 reachedclosed this trade at TP 1 for +55 pips
banking +4.2% profit
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