NZD/CHF Trade Setup: Long from Key Support
NZD/CHF is currently bouncing off a strong support zone, making it a potential long opportunity if buyers step in to defend this level.
🔹 Trade Setup:
✅ Entry: Near 0.510 - 0.511 (Support Zone)
🎯 Profit Target (Blue Zone): 0.517 - 0.518
🛑 Stop-Loss (Yellow Zone): Below 0.509
🔹 Market Outlook:
📊 Bullish Bias – Price is reacting to a well-established support zone. A break above 0.512 could confirm upside momentum.
⚠️ Risk Management – If price drops below 0.509, this trade setup becomes invalid.
Guide for Execution:
✅ No Martingale Strategy: Maintaining same position sizing for risk control.
✅ Remove Untriggered Orders: If the profit target is hit before entry, the pending order will be removed.
Will this support hold and push NZD/CHF higher? Watching closely for confirmation. Let me know your thoughts! 👇
🔹 Trade Setup:
✅ Entry: Near 0.510 - 0.511 (Support Zone)
🎯 Profit Target (Blue Zone): 0.517 - 0.518
🛑 Stop-Loss (Yellow Zone): Below 0.509
🔹 Market Outlook:
📊 Bullish Bias – Price is reacting to a well-established support zone. A break above 0.512 could confirm upside momentum.
⚠️ Risk Management – If price drops below 0.509, this trade setup becomes invalid.
Guide for Execution:
✅ No Martingale Strategy: Maintaining same position sizing for risk control.
✅ Remove Untriggered Orders: If the profit target is hit before entry, the pending order will be removed.
Will this support hold and push NZD/CHF higher? Watching closely for confirmation. Let me know your thoughts! 👇
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.