NZD/CHF ANALYSIS
Hello traders!
Here are my thoughts on NZD/CHF
Price has been in strong bullish trend since the 9th of November 2020, creating HH and HL as you can see on the chart. After every push phase correction phase has came. We can now see that price got rejected off the daily structure, creating double bottom formation on the 4-h chart.
Weekly outlook:
Double bottom on the 4h chart here:
📈📉Trends:
⏳ Weekly- Bullish
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
Here are my thoughts on NZD/CHF
Price has been in strong bullish trend since the 9th of November 2020, creating HH and HL as you can see on the chart. After every push phase correction phase has came. We can now see that price got rejected off the daily structure, creating double bottom formation on the 4-h chart.
Weekly outlook:
Double bottom on the 4h chart here:
📈📉Trends:
⏳ Weekly- Bullish
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
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