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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.