NZDCHF : bullish outlook, completion of pattern
Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
NZDCHF :
A falling wedge pattern is seen. the price breaks the falling wedge and we can expect a bullish wave.
This falling wedge is forming wave 5 of Elliot count.
Let's see my previous analysis at daily time frame.
This Elliot count still is valid.
Wave 5 is forming a falling wedge at lower time frame
We need another bullish candle in 1h time frame to confirm the breakout. Then we can assume the wave 5 is finished.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
NZDCHF :
A falling wedge pattern is seen. the price breaks the falling wedge and we can expect a bullish wave.
This falling wedge is forming wave 5 of Elliot count.
Let's see my previous analysis at daily time frame.
Wave 5 is forming a falling wedge at lower time frame
We need another bullish candle in 1h time frame to confirm the breakout. Then we can assume the wave 5 is finished.
