NZDCHF :last breathes of falling wedge , expecting good profit.
we can see a falling wedge in 4 hour chart , 50% and 61.8% Fibonacci retracement levels are near the price , wedge ends at one of this levels.
also RSI shows us a little trend breakout.
we have to wait for wedge breakout and then the price goes up to 3 targets : last high 0.61800, 0.62200 and the next target is 0.63000.
wait for confirmations and updates.
don't forget to like and leave me a comment if you have any idea on this , thank you.
also RSI shows us a little trend breakout.
we have to wait for wedge breakout and then the price goes up to 3 targets : last high 0.61800, 0.62200 and the next target is 0.63000.
wait for confirmations and updates.
don't forget to like and leave me a comment if you have any idea on this , thank you.
Comment:
Wedge breakout / going for first target.
Comment:
Price reached 10 pips below our target , no one can predict exactly what will happen in the market , but analysis worked well!