NZDUSD Bullish Flag Offers Another Buy Setup

By Fxprotrader
Updated
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.
Comment
As expected price broke above the correction.. Watch for any buy setups before going long.
Comment
Tremendous results from simple chat wave patterns. This flag pattern worked wonders..!
FlagNZDUSD

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