FX.co ★ Tips for trading NZD/CHF

The previous trading plan for NZD/CHF pointed at a potential price increase in the pair.

As expected, quotes rose today and broke through the mirror level of 0.53.

Congratulations to everyone who followed the strategy. The pair moved by as much as 1,000 pips. Close short positions now to gain profit.

To maximize profit, hold until the next mirror level of 0.54231.

This trading idea follows the framework of the "Grid Trading" method.

Good luck in trading and don't forget to control the risks! Have a nice day.