WaveAnalysis
Long

NZDCHF Long Trade Setup

OANDA:NZDCHF   NZD/CHF
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.
Bulent
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out