NZDCHF Setup
NZDCHF on longer time frame is bearish as it is taking hit from the overhead trendline.
On broader view, it looks like it has found the bottom and reveral is on the cards.
Shorter Time Frame (1Hour) showing it is in bullish trend making higher highs and higher lows.
One can adopt buy on dip strategy as breaking above the trendline would yeild maximum gains while the stoploss is very minimum.
Trade your levels accordingly.
On broader view, it looks like it has found the bottom and reveral is on the cards.
Shorter Time Frame (1Hour) showing it is in bullish trend making higher highs and higher lows.
One can adopt buy on dip strategy as breaking above the trendline would yeild maximum gains while the stoploss is very minimum.
Trade your levels accordingly.
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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.
Related publications
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.