NZD/CHF: Opportunities for long positions

NZD / CHF: 4 hour chart – choppy

Price above the diagonal and horizontal support

Price Action: Pin Bar – a positive signal


50.200MA: 50 above 200 – positive trend

DEM and CCI (50) rotated from zone of over sold market – probably rise

SL: 0,70780

Alternative scenario: If the price crosses below the horizontal support that can spoil the positive formation.

 Varchev Traders

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