NZDCHF
NZD/CHF Giving Good Bullish P.A , Long Setup After ConfirmationThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCHF | UPSIDE POTENTIALSNZDCHF has given a breakout from the bullish continuation pattern of cup n handle.
It consolidates a bit and gives a breakout from range as well. The bulls will drag the price to a further upside.
However, failure to sustain the above breakout region will be all over for bulls.
NZDCHFHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
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NZDCHF: Very Bullish Setup 🇳🇿🇨🇭
NZDCHF is nicely recovering after a sharp bearish rally.
Reaching a major weekly demand zone, the price completed a harmonic abcd pattern.
On 4H time frame, the price formed a double bottom formation and broke a rising wedge pattern to the upside.
I expect a bullish move to 0.6055.
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Nzdchf inverse HEAD & SHOULDERS!!!!!!A cute inverse H&D has formed at the bullish breakout of a descending triangle.....
Am waiting for a break and retest of its neckline be for longs......
Be careful at TP1....
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Correction for NZDCHFEven though CHF is very strong in general but it's showing weakness. Inflation rate in NZD is also very high, New Zealand's central bank is going to increase the interest rate at least 50bp more. Downtrend but we can expect correction with enough profit.
Buy
SL: 0.587
Target 1: 0.618
Target 2: 0.632
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