NZDCHF - Potential Bullish Reversal!
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NZDCHF is sitting around daily support so we will be looking for buy setups on lower timeframes.
on M30: NZDCHF is forming an inverse head and shoulders pattern it is not valid yet, so we are waiting for the right shoulder to form. (projection in purple)
Trigger => Waiting for the right shoulder to form then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, NZDCHF would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF is sitting around daily support so we will be looking for buy setups on lower timeframes.
on M30: NZDCHF is forming an inverse head and shoulders pattern it is not valid yet, so we are waiting for the right shoulder to form. (projection in purple)
Trigger => Waiting for the right shoulder to form then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, NZDCHF would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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