NZDCHF: A Clear Bullish Wedge Pattern
Today, NZDCHF broke out from a bullish Wedge pattern.
NZD looks strong today and breakout also looks strong.
If all goes well, NZDCHF should rise as shown in the chart.
It remains heavily manipulated because the SNB has been intervening over the past two weeks, making the CHF even stronger for no reason.
Can SNB invalidate this pattern? Yes, it is possible.
However, this time it is likely to rise again. So, let's see.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Today, NZDCHF broke out from a bullish Wedge pattern.
NZD looks strong today and breakout also looks strong.
If all goes well, NZDCHF should rise as shown in the chart.
It remains heavily manipulated because the SNB has been intervening over the past two weeks, making the CHF even stronger for no reason.
Can SNB invalidate this pattern? Yes, it is possible.
However, this time it is likely to rise again. So, let's see.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.