NZDCHF long off Schiff Pitchfork support and AB=CD completion.

Possible bounce off Schiff Pitchfork channel. On the 4 hour there is an AB=CD completion. If you zoom into the five minute there is a 1-2-2-2 bullish harmonic pattern completion. Pair is at the bottom of a Schiff Pitchfork support and oversold on the oscillators.

Look for a retrace to the midpoint (price target 1) or top of the channel (price target 2).

Trade active:

So Far So Good. Might want to move stop up to .6340 to eliminate risk.

Comment:

This one is a winner and done for now.