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jojofang0901

NZDCHF Look for reversal from the top again

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NZD/CHF (OANDA:NZDCHF)  
jojofang0901 Atualizado   
OANDA:NZDCHF   NZD/CHF
Chart Patterns Parallel Channel Double Top or Bottom priceaction structure pattern FLAG impulse correction
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chartpattern parallelchannel doubletoporbottom priceaction structure pattern flag impulse correction

Hi everyone:

NZDCHF is once again at the previous tops, but this time we see the price action formed this corrective channel structure and a recent double tops.

We can see the latest price action is consolidating at the tops, and very likely a reversal correction will form here.

To confirm the downside, we can wait for the first bearish breakout, followed by the continuation correction.

Thank you
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