TradingView
Evaristos
Mar 15, 2024 7:41 AM

Potential Bearish Triangle Short

NZD/CHFOANDA

Description

As with the AUDCHF, we have almost a copy-and-paste triangle pattern, but on this NZDCHF, the market still looks to be constructing the leg 'd' of the triangle, if all factors hold on, we should see a dive to the rising Trendline and back up for wave 'e' before we see a full and free fall.
Firstly this pattern was spotted on March 7th, and the development is interesting.

Strictly this isn't an investment idea but aimed for education and learning the EW.
Comments
Masoud402
very nice
More