KatlehoMaleka

NZDCHF Buy opportunity.

Long
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Hello fellow traders, we have a great setup here. Possible inverse head and shoulders, a 50% retracement, double bottom on a support zone and some bullish divergence. My target is at the 1.618 extension, with stops below the right shoulder. Wish you all a great weekend.
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.