Hello everyone:

Also looking at EURNZD for the bullish reversal from the bottom.

We see price has been correcting itself down within this larger higher time frame descending channel.

We hit a daily double bottoms, and price had a initial impulse up. Then a bigger, deeper consolidations formed.

Patient is key here to wait for the price to complete the correction it needs to before resuming the next bullish run.

Looks like the lower time frame is finally breakout out of the the correction now, so look out for LTF continuation correction to get in the on this bullish reversal to the recent tops.

thank you
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Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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