NZDJPY Sell from the top

By jojofang0901
Updated
Hi everyone:

Looking at NZDJPY for sell opportunities.

Price is sitting at the top of the larger structure, double tops, and correctively moving up in an ascending channel.

I will be waiting for a confirm breakout from that channel, and lower time frame continuation correction to get in the sell.

Look to see how price will do once hits the bottom of the higher time frame structure.

Thank you

Comment
snapshot
Comment
Price broke out in the lower time frame, formed the correction followed by the bearish impulse. Look for more continuation to go down more.

snapshot
Chart PatternsDouble Top or BottomFLAGpatternpennatnpriceactionstructureWedge
jojofang0901

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