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luismialcega
Jul 6, 2015 11:32 AM

NZDCHF CHANNEL 

New Zealand Dollar/Swiss FrancFXCM

Description

AS YOU CAN SEE PRICE IS MAKING A DOWN CHANNEL.

RIGHT NOW IS MAKING A CORRECTION, IT LOOKS LIKE A "B" WAVE.
ALSO, THERES MAYBE AN ABCDE FALLING WEDGE. IF THE "E' WAVE OF THE STRUCTURE IS MADE I WILL BE BULLISH ON THIS PAIR.
ANYWAYS IF PRICE BREAK THE WEDGE IT SHOULD GO UP TO MAKE THE "C" WAVE, BUT I WOULD LIKE TO SEE AN "E" WAVE BEFORE THE UP MOVE.
MACD IS SHOWING DIVERGENCE TOO.

WHAT DO YOU THINK??
Comments
ChetanFX
Looks Perfect..
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