NZDCHF Double Scenario
H4 - Price has reached the trend line, hidden divergence.
If we didn't get a valid breakout here, we may then expect the price to respect this trend line and move higher.
We may then start looking for buys with bullish evidences.
H1 - If we get a trend line breakout with momentum, then look for corrections and then start looking for sells with bearish evidences.
If we didn't get a valid breakout here, we may then expect the price to respect this trend line and move higher.
We may then start looking for buys with bullish evidences.
H1 - If we get a trend line breakout with momentum, then look for corrections and then start looking for sells with bearish evidences.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.