NZDCHF - Potential Bullish Reversal!

١٣ نوفمبر ٢٠٢١

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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