NZD/CHF Trade Idea
Hello and welcome to my Trade Idea of the currency pair NZD/CHF.
Lets start with the Top Down Analysis.
Monthly: Monthly is bearish although he has recovered the last 2 months.
Weekly: Weekly was in a long downtrend but now he has been in a pullback for 4 weeks. And our target is small anyway and with in the pullback.
Daily: If we're not zoom out too far, daily has been bullish for a while now.
H4: On the H4 timeframe we see a counter trendline and expect a little push from 50 pips.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: Monthly is bearish although he has recovered the last 2 months.
Weekly: Weekly was in a long downtrend but now he has been in a pullback for 4 weeks. And our target is small anyway and with in the pullback.
Daily: If we're not zoom out too far, daily has been bullish for a while now.
H4: On the H4 timeframe we see a counter trendline and expect a little push from 50 pips.
Have a nice day.
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