Weekly chart shows NZDCHF has bounced off its minimum since 2004, with RSI showing just recovering from the OS area. Price has bounced back from the weekly resistance around 0.47400. This bounce has formed a bullish Gartley on the daily chart and another bullish Gartley on the H4 timeframe. It was supported by an OB on H4 and in micro scale engulfing candles.
I...
This is an idea for GBPNZD's potential short opportunity based on what the technicals indicate.
The trend has been emphasising its bullish approach for almost three years.
Price respected almost 11 times due to the strong resistance within 150 days between 2.265 & 2.275 and bounced off bullish OB on the daily chart and FVG on the weekly chart.
An institutional...
