The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDCHF M15: Bullish Symmetrical Triangle
Signal strength 2 of 5
NZDCHF M15: Bullish Symmetrical Triangle
According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6081/0.6087 whereas the upper border goes across 0.6096/0.6087. 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 0.6109.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade