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CHZDUSD POSSIBLE LONG SHORT TERM

Market just broke out of an inner flag pattern, we should see a retracement back to 50% of an fib zone from a last down trend.

Arron: On a daily chart Aroon shows gain in bullish momentum which indicates start of an uptrend.

MACD: Also shows a gain in a bullish momentum, signal line is about to cross and give us an entry signal

Bollinger band: We bounced of a bottom Bollinger band which indicates that we should go for a long position.

Entry : 0.25
Invalidation:0.135
Target: 0.367 (50% fib zone)

CHZCHZUSDfibFibonacciTechnical IndicatorsLONGprofitsignalTechnical AnalysisTrend Lines

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