FX:NZDCHF   New Zealand Dollar/Swiss Franc
1051 14 34
Watching for corrective move for trend continuation
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Nice bounce off
Comment: If pullback again then buy again

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Comment: I was expecting bullish wave but it seems to me that corrective channel extending itself even outside the channel but i am still looking for up move. This reversal pattern is not convincing me that bears are in control. I am expecting break up with impulsive move as it is forming reversal pattern so my idea is still valid. If you are not in then look for buy as much lows as you can Good Luck. Here is the update Guy.

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Comment: Those who bought on lows may move on break even but there is high chance that price will test lows again but currently price trying to breakout and may be successful here is the update. Watching for price action

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Comment: Here we got the corrective flag formation and updated idea.

NZDCHF Short setup under channel line
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Nice and clean chart!
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thank mate
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Good idea , Thanks .
i Love your simple analyze !
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Wave-Trader PRO mahmoodnoori
you are most welcome
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buy order placed @0.6950 with TP @0.7200
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Good luck.
+1 Reply
fxfxfx Wave-Trader
watching for that pullback. thanks
+1 Reply
If missed the first one then hope for the second mate Good Luck.
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WOW. Great Idea!!!
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I am following this pair for a while, your idea is against the main stream (everybody is selling this pair) which makes it interesting, I am keeping my eyes on it.. Thanks for sharing
+1 Reply
I dont care about others mate i follow my strategy if you are not comfortable with it than ignore it mate
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Wave-Trader PRO Wave-Trader
Everybody is selling it just because of negative interest rate mate.
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fxfxfx Wave-Trader
Of course, that's the right way bro, it was a compliment, don't take it the wrong way.
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Cheers mate Good Luck have a nice weekend
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