NZDCHF: Price has started unfolding final wave (Y)
Atualizado
Key levels: 0.6520
Price is forming a corrective descending channel for 13 months.
Currently, the price is facing resistance at the upper band of the parallel channel.
As per Elliott wave projection, NZDCHF is forming corrective structures (W), (X) & (Y). Price has completed the intermediate wave (x) and started falling for the final wave (Y).
Traders can short for the following targets: 0.6362 - 0.6274 - 0.6124- 0.6052.
Invalidation: Breakout of wave (X)
Price is forming a corrective descending channel for 13 months.
Currently, the price is facing resistance at the upper band of the parallel channel.
As per Elliott wave projection, NZDCHF is forming corrective structures (W), (X) & (Y). Price has completed the intermediate wave (x) and started falling for the final wave (Y).
Traders can short for the following targets: 0.6362 - 0.6274 - 0.6124- 0.6052.
Invalidation: Breakout of wave (X)
Trade fechado: objetivo atingido
TP 1: 0.6362Trade fechado: objetivo atingido
TP 2: 0.6274Comentário
TP 3: 0.6124Trade fechado: objetivo atingido
ALL Target Done
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