NZDUSD Bottom of structure, reversal coming

Panjang

Dolar New Zealand / Dolar A.S. (OANDA:NZDUSD)

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OANDA:NZDUSD Dolar New Zealand / Dolar A.S.

chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction

Hello traders:

Lets take a look at NZDUSD, and how its latest development can give us great bullish opportunity.

After a strong bullish impulse up, price falls into this larger, higher time frame descending structure, correcting the price.

We can see the latest development has hit a previous lows, possible double bottoms.

The lower time frame did have a strong impulse move up after, good idea to look for bullish continuation corrections to confirm more upside from the price.

Thank you

Komen:

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about EURNZD 21

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