jojofang0901

NZDCHF Look for downside from the top of structure

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OANDA:NZDCHF   NZD/CHF
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



Komen:
Higher time frame:
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