NZDCHF: Classic Top-Down Analysis 🇳🇿🇨🇭
Hey traders,
NZDCHF has recently broken above a major falling parallel channel on 3 days time frame.
Now we see a retest of its broken resistance.
The retest point matches with a completion point of a harmonic bullish abcd pattern on 12H.
On hourly time frame, the pair remains indecisive though.
The price is coiling within a narrow trading range.
Your confirmation to buy will be a bullish breakout of 0.6425 - 0.6428 minor resistance (hourly candle close above).
First intraday goal will be 0.6448
If the price sets a new lower low lower close on hourly, the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Penerbitan berkaitan
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.