NZDCHF Long Trade Setup

Hello Traders

The last drop broke the previous bottom by only 1 pip. Now, we have a regular flat on the daily chart . The last wave could be the reversal impulse, that's why I placed an entry order above the top. But after the sharp drop , I can say that it will keep coming down as 5th wave. Then I will wait for a reversal impulse and correction to place a pending order. My target is 0.71000.

For more details and the daily updates please watch my daily analysis videos on Youtube.
Trade with care.
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