NZDCHF | Double Bottom

2020-02-12 14:23:31

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Initiate Long.

Entry - 0.63165
TP1 - 0.63686
TP2 - 0.63946
TP3 - 0.64162
TP4 - 0.64353
TP5 - 0.64638
TP6 - 0.64823
SL - 0.63044

Reason: Price formed Double Bottom. Resistance trendline has been broken.

-Please consider to initiate a position on a confirmed breakout of horizontal resistance.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.