NZDCHF: Price has started unfolding final wave (Y)

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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)
Đóng lệnh: đạt mục tiêu
TP 1: 0.6362
Đóng lệnh: đạt mục tiêu
TP 2: 0.6274
Ghi chú
TP 3: 0.6124
Đóng lệnh: đạt mục tiêu
ALL Target Done
elliottwavecorrectionelliottwaveideaselliottwaveprojectionElliott WavencdchfNZDCHFnzdchflongnzdchfshortParallel ChannelTrend Analysis

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