NZDUSD Bullish Flag Offers Another Buy Setup

Price is moving in a corrective structure into a descending channel having already completed three waves and it's about to complete a fourth one. Most likely we may have another smaller wave into this correction in order to have a five wave corrective structure. We may buy from when we should have the five wave pattern completion (at a key uptrend) or we should wait for price to break above the channel and aim for another impulsive up move.

הערה:

As expected price broke above the correction.. Watch for any buy setups before going long.

הערה:

Tremendous results from simple chat wave patterns. This flag pattern worked wonders..!