Here in NZD/CHF price is create a AB=CD pattern in D1 time frame.So we can enter for a long at the 0.65213.Beacause D point of AB=CD pattern is on that price and in H1 time frame shows the trend weakening and M15 time frame shows the kumo breakout to the upside.Therefore we can enter a long.Our TP 1 should be the 38.2% fibonacci retracement and TP 2 should be the 61.8% fibonacci retracement of A to D.Place your stop loss according to your reward risk ratio.
Kommentera:
Trade was partially closed