NZDCHF long setup

28 thg 4, 2023

On NZDCHF we have a bullish structure that broke a supply zone at 0.5480 and is now at 54.90 where the price is continuing to bounce on a new supply zone. The price has made false highs on this zone and within this supply, it has made a demand zone that I used to open a long trade with a target RR of 1:4.

Let me know what you think.

Happy trading to everyone.

Forex48 Trading Academy