NZDCHF-a textbook cup and hadle pattern forming Long
New Zealand Dollar/Swiss FrancFXCM
Description
⋅ You can have more information about this pattern here:
investopedia.com/terms/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