jojofang0901

NZDCHF Watch for Reversal Bearish Price Action

Short
OANDA:NZDCHF   NZD/CHF

Hello everyone:

NZD pairs across the boards can have the bearish reversal, and NZDCHF certainly is looking very clean for further downside.

We see price managed to break above the pervious swing highs on the higher time frame, but quick reverse down with a bearish impulsive on the LTF .

This is indicating a false breakout, and strong bearish momentum is coming into the market.

Latest price is showing us a LTF continuation flag/channel structure, very good indication for further downside opportunities.

Look for correction to complete and get in on the sell

Thank you
Comment:
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Comments

Well done bro🔥
+2 Reply
jojofang0901 FieryTrading
@FieryTrading, thx bud :)
Reply
broken trendline totally agree with falling

thanks for sharing
+2 Reply
jojofang0901 MMBTtrader
@MMBTtrader, your welcome :)
Reply
Great channel, mate ;)
+2 Reply
jojofang0901 StevesTradingV
@StevesTradingV, thx :)
Reply
thanks for sharing your valuable Analysis 🎯😌
+2 Reply
jojofang0901 TRADiNG_hub
@TRADiNG_hub your welcome :)
+1 Reply
Great call. Thanks for sharing
+2 Reply
jojofang0901 ForecastCity_World
@ForecastCity_World no problem 😉
+1 Reply
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