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NZDCHF Look for downside from the top of structure
NZD/CHF
Short
NZDCHF Look for downside from the top of structure
By jojofang0901
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Updated
Jul 8, 2020
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Jul 8, 2020
Hi traders:
NZDCHF has good price action forming for further downside.
We see price broke out of the ascending channel and strong bearish impulse down.
Price then begin to form a deeper correctional structure for quiet some times now.
Last bit of price action shows price correctively move up to approach the top of the continuation structure.
I would look for breakout on the lower time frame to confirm the sell
Thank you
Jul 8, 2020
Note
Higher time frame:
Jul 13, 2020
Note
Jul 14, 2020
Note
Flag
Parallel Channel
Pennant
priceaction
structure
jojofang0901
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