NZDCHF Watch for bearish continuation sell entries

22 Mar 2021

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

7 Nis 2021

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