NZDCHF-a textbook cup and hadle pattern forming
You can have more information about this pattern here:
www.investopedia.com...s/c/cupandhandle.asp
First, looking at D1 chart we have and EW AB=CD pattern
Here on H4 chart the the handle is just about to break.
Conservative traders may want to wait for confirmation above the level shown on chart.
I prefer to enter now since im based on long term analysis.
Best Regards
www.investopedia.com...s/c/cupandhandle.asp
First, looking at D1 chart we have and EW AB=CD pattern
Here on H4 chart the the handle is just about to break.
Conservative traders may want to wait for confirmation above the level shown on chart.
I prefer to enter now since im based on long term analysis.
Best Regards