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jojofang0901

NZDCHF Watch for bearish continuation sell entries

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NZD/CHF (OANDA:NZDCHF)  
jojofang0901 Diupdate   
OANDA:NZDCHF   NZD/CHF
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
25
17
chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hi traders:

NZDCHF has managed to break out of the HTF expanding structure.

Price initially had a bullish move up, but quickly had a bearish reversal impulse. As we know these are strong price action to indicate a possible reversal.

Then we see price begin to form this expanding structure, and looks like price is breaking out on the LTF.

Wait for continuation correction to get in and watch if price can break below the previous lows and continue down further with confirmations corrections.

Thank you
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