FX.co ★ NZDCHF M30: Bullish Symmetrical Triangle
Signal strength 3 of 5
NZDCHF M30: Bullish Symmetrical Triangle
According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5768/0.5786 whereas the upper border goes across 0.5813/0.5786. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCHF will breach the upper border to head for 0.5816.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade