NZD weekly data is suggesting massive net buying / accumulation at the current price level.
Higher low formation on histogram has been created conveying the current level to be the new base for the incoming series of price growth.
Expect a more than average bounce from the present pricing.
Other key notes: Descending trendline is gradually shifting to the upside. Bubble up volume appears (bottom indicator). Huge hint.
Weekly descending trendline broken for the first time since the start of the year.
Spotted at 0.55000
TAYOR Safeguard capital always.
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MICRO VIEW: 4H DATA:
Aligned with long term shift (weekly trend shift - upside) 4H is pointing the same direction -- new higher lows.
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MACRO VIEW: DAILY DATA updata:
KEY NOTES: HISTOGRAM SHIFT - HIGHER LOWS TRIPPLE BOTTOM BOUNCE MAJOR ORDER BLOCK SUPPORT
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moving as planned.
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DAILY - BREAKOUT. More Upside expected.
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MACRO UPDATE: DAILY DATA.
NZDCHF keeps bouncing off this support.
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Weekly data update:
Initial weekly shift/bend has been spotted (early stage).
Chances of a long term reversal is high.
NZDCHF has been at an all time lows and a price recovery remained elusive. Let's see if the current price movement is the sign everyone is waiting for.
TAYOR.
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Spotted at 0.5250
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+180 pips so far, congrats holders.
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daily data update:
Daily shift / reversal play.
Spotted at 0.520
TAYOR.
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daily data update:
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Moving according to plan. We're almost at 0.54 now. +170 pips.
Congrats holders.
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This is getting ready for a 200+ pips rise.
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Daily data update:
Beautiful setup, post bounce base touch executed. Upside continuation in order.
TAYOR.
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This is moving according to plan.
More price growth ahead.
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Daily data metrics.
NZDCHF is preppin for a strong breakout. It's been revisiting its resistance zone multiple times -- and its bound to be broken soon.
TAYOR.
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Upside continuation in order.
BUY / HOLD.
TAYOR.
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On Our May 10 post, NZDCHF just proves it's firm strength. Strong breakout on the peak strong resistance from 0.5450 to 0.5550
More rise ahead.
TAYOR.
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This moved nicely to our target at 0.56.
Congrats holders!
More rise is expcted.
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PERFECT BOUNCE.
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The 200 pip bounce is pretty much SET now. Expect some good rise from the current range.
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Daily data update:
STRONG BUY! The setup is very clear and the probability is too high at this point. +200 pips interim target is set.
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