VasilyTrader

NZDCHF: Waiting for Breakout

Long
OANDA:NZDCHF   NZD/CHF

NZDCHF is trading in a correction cycle since February.

However, in a long run, the market still remains sharply bullish.

To catch the trend following move,
wait for a bullish breakout of a resistance line of a bullish flag pattern (1D candle close above).

After a breakout, a strong bullish wave will most likely follow.

Goals:
0.669
0.6745

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