Trade idea - NZDCHF Long

4H

Inverse Head & Shoulders potentially in play.

Clear support & resistance zone is there.

Interesting scenario from a 1H perspective as well with an Inverse Head & Shoulders pattern as well.

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Confirmation to enter. Instant market execution Buy.

1.5% risk.

注释

WEEKLY

Inverse Head & Shoulders pattern can play out.
No break of last LH / structure before forming pattern.

Clear support & resistance zone is there.

Bearish W with solid sell zone also there from Weekly perspective, keep in mind.

注释

DAILY

Inverse Head & Shoulders pattern on Daily chart as well, aligning perfectly with the Weekly pattern & zone.

-27 Fibonacci aligning with entry zone.