NZDCHF: A Clear Bullish Wedge Pattern
Today, NZDCHF broke out from a bullish Wedge pattern.
NZD looks strong today and breakout also looks strong.
If all goes well, NZDCHF should rise as shown in the chart.
It remains heavily manipulated because the SNB has been intervening over the past two weeks, making the CHF even stronger for no reason.
Can SNB invalidate this pattern? Yes, it is possible.
However, this time it is likely to rise again. So, let's see.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Today, NZDCHF broke out from a bullish Wedge pattern.
NZD looks strong today and breakout also looks strong.
If all goes well, NZDCHF should rise as shown in the chart.
It remains heavily manipulated because the SNB has been intervening over the past two weeks, making the CHF even stronger for no reason.
Can SNB invalidate this pattern? Yes, it is possible.
However, this time it is likely to rise again. So, let's see.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.