FX:NZDCHF   New Zealand Dollar/Swiss Franc
Overall we are long on this pair through conducting our top down analysis. On the monthly, weekly, daily time frame we have bullish signals.

However, analysing the 4 hour window it seems as if the 5 Impulse wave is in play. If the 5th wave does complete around 0.64800-0.6500 we then can look for bearish signals for the corrective wave. However if price breaches and closed above 0.65100 then we can look for further bullish momentum to the upside.

We would not be looking to short on the corrective wave until price has breached below the trendilne (Channel). The targets of the corrective wave are just an estimate, once we have bearish confirmation then we can look to set more accurate targets. For now are concentrating on the 5th wave
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out