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NZDCHF Bullish Outlook, Watch For Buys
NZD/CHF
Long
NZDCHF Bullish Outlook, Watch For Buys
By jojofang0901
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Updated
May 30, 2022
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May 15, 2022
Hi traders:
Also keeping an eye on NZDCHF bullish price action development.
We can see from the higher time frame,
price has a strong bullish impulse phase up, and falls into a larger, continuation flag structure.
Within the larger structure, there are many corrections that moves up and down to form into this current large structure that the price is in.
Latest development shows a strong lower time frame impulse up, and possible forming into a smaller continuation correction.
Wait for price to impulse out of the smaller correction, follow by continuation correction as the confirmation for entry,
May 30, 2022
Comment
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
jojofang0901
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