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.