NZDCHF: Price has started unfolding final wave (Y)

Actualizado
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)
Operación cerrada: objetivo alcanzado
TP 1: 0.6362
Operación cerrada: objetivo alcanzado
TP 2: 0.6274
Nota
TP 3: 0.6124
Operación cerrada: objetivo alcanzado
ALL Target Done
elliottwavecorrectionelliottwaveideaselliottwaveprojectionElliott WavencdchfNZDCHFnzdchflongnzdchfshortParallel ChannelTrend Analysis

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