NZDCHF Watch for bearish continuation sell entries
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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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.