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linofx1

NZDCHF Very Bullish Setup

Long
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
linofx1  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Chart Patterns
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trendanalysis chartpattern


NZDCHF is nicely recovering after a sharp bearish rally.
Reaching a major weekly demand zone, the price completed a harmonic abcd pattern.

On 4H time frame, the price formed a double bottom formation and broke a rising wedge pattern to the upside.

I expect a bullish move to 0.6055.
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