NZDCHF Buyers already stepping in? NZD/CHFOANDA:NZDCHFfonjunior04Within the past years the pair has been in a somewhat deep bearish move on our W1 Tf. However looking closer on D1, a continuous accumulation and strong fight between buyers and sellers lead to a break of the downward movement as well as a retest making us shift our perspective for the short term. The 4h time frame shows structure alignment with our short term bias with price currently present at an extreme discount zone as well as confirmation with the engulfing candle according to Candlestick PA. The presence of buyers as per volume profile confirms the idea that the rally may begin as early as the opening of Monday's market. However with our profit point being the .47 psychological level, price hitting .4635 should awake caution as anything is expected from there. NB: A good setup is nothing without appropriate Risk Management