MannyGuzman

NZDCHF Potential Bottom

Long
MannyGuzman Updated   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hit a key monthly 61.8% retracement level.
With last weeks candle closure and h4 forming a potential double bottom, and h4 divergence signifying a potential reversal, this is a counter trend trade looking to take into the next significant daily/monthly pivotal level and next significant structure.
Trade closed: target reached:
TP hit!

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