⭐NZDCHF Long position

In this Analysis you can see that the NZDCHF price on the Daily chart is crossing the baseline after resisting at a low level.

My entry details:

- Entry Level: 0.61546
- Take Profit level: 1x ATR from your entry point
- Stop Loss level: 1.5x ATR from your entry point
- Risk: 1% of balance

What do we see (?)

- Crossing of the Momentum indicator and MA indicator.
- Baseline crossing.
- Long signal(s).

News avoidance (?)
- No specific news event to avoid, it is possible to enter the position as usual.

In my opinion it is possible that the price will rise and a BUY position is suitable in this matter.

*This Analysis is for educational purposes only and is not financial advise.