NZDCHF Potential Bullish Movement

6 เม.ย. 2020

NZDCHF Potential Bullish Movement

we are waiting for a momentum candle close above 0.5820 to buy this one

Reason:
1- Objective Trendline (in orange)
2- Objective Ascending Triangle (in blue)
3- Support Round Number from Daily (in purple)

Three confluences are enough to consider Buying NZDCHF, after a break below 0.5820 (in gray)

** unless price breaks below our lower blue trendline, then a downward movement would be expected before going up