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NZDCHF Same Bearish Outlook, Short Term Sell Setup
NZD/CHF
Short
NZDCHF Same Bearish Outlook, Short Term Sell Setup
By jojofang0901
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Updated
Mar 28, 2023
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Mar 24, 2023
Similar like NZDUSD, we can also expect a bearish development on NZDCHF.
As usual, after an impulse phase, price formed a continuation correction to correct the impulse.
From the correction, there is a confirm impulse push down the price. This is good confirmation of bearish trend.
Now price has form another smaller correction,
watch for price to break out and look for lower time frame entries to sell to previous lows.
Mar 28, 2023
Comment
Price indeed has pushed lower, very close to the bottom of the previous lows.
Chart Patterns
chf
correction
Flag
impulse
NZD
Parallel Channel
pattern
priceaction
structure
jojofang0901
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