My Bullish bias on NZDCHF

16 Jan 2023

A quick Top down analysis on the NZDCHF, from the monthly timeframe down to the Daily timeframe....starting from the Monthly we see the market is rejecting a major support, on the weekly timeframe we can see a market that is creating a series of higher highs and higher lows, on the Daily time we are already seeing a market rejecting the 0.618 fib level....so for our entry timeframe, we'd be monitoring a break of the neckline of the double bottom forming....after the we can set our buy order