FOREX: NZDCHF - M pattern and our Limit Order

2022년 1월 4일

We are waiting for a confluence of two factors where the S/R zone breaks around the location of the current trend line.

Our limit order is set at 0.62499

This whole idea is supported by the M pattern, where there is a price return to the Neck line.

M pattenr is seen in a higher time frame (W1), which gives us an even greater probability of success.

Happy trading, Alex_UCT