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VladimirRibakov

NZDCHF Buy Idea

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New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
VladimirRibakov  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Chart Patterns Wave Analysis NZDCHF buy Bullish Patterns pullback bullishconvergence criticalzone Trend Line Break
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trendanalysis chartpattern waveanalysis nzdchf buy bullish pullback bullishconvergence criticalzone trendlinebreak
D1 - Bullish convergence, currently it looks like a pullback is happening.

H4 - Five leg structure, price reached a critical zone formed by the 50% retrace and the fibo expansion level of the cycle and is currently moving higher.

Price broke above the downtrend line, we may now start looking for buys with more bullish evidences.
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