NZDCHF Signs of Bearish Continuations

Feb 23, 2022

hello everyone:

NZDCHF, also have clean bearish price developing, similar like AUDCHF.

We can see a strong bearish impulse down from the price, and naturally price is developing into a correctional structure.

Now we can see a bearish flag/channel like structure, correcting the price to the top.

A potential double tops, ascending channel are nice reversals bearish price action.

Look for bearish impulse down, follow by continuation correction on the lower time frames to confirm the sells down.

higher time frame:

Feb 27, 2022

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Mar 2, 2022

Note