POTENTIAL LONG SETUP ON NZDCHF
Price completed an impulsive wave 1-5 and about to complete the corrective ABC wave.
.
The ABC correction which is likely to reverse from a confluence of ascending trend line, support level, and 38.2 Fib of the previous impulse.
.
Considering that price is in an area of value, we will wait for the break of the blue Counter Trend Line for a buy entry.
.
Price has the potential to move towards -27.0 Fib extension once it breaks our CTL, but we have to put the weekly resistance level that lined up with descending trendline in consideration.
.
I hope you have a good start to the week. Go and win!
.
The ABC correction which is likely to reverse from a confluence of ascending trend line, support level, and 38.2 Fib of the previous impulse.
.
Considering that price is in an area of value, we will wait for the break of the blue Counter Trend Line for a buy entry.
.
Price has the potential to move towards -27.0 Fib extension once it breaks our CTL, but we have to put the weekly resistance level that lined up with descending trendline in consideration.
.
I hope you have a good start to the week. Go and win!
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。