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NZDJPY Sell Setup
New Zealand Dollar / Japanese Yen
Short
NZDJPY Sell Setup
By jojofang0901
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Feb 10, 2021
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Feb 10, 2021
Hi traders:
Looking at NZDJPY for bearish reversal price action.
WE see the price is in this larger, higher time frame correctional structure, pushing the price up.
HTF we approach a previous swing highs, so a double tops potentially. Then we look down to the lower time frame, there is also a mini double tops.
Price again pushed to that LTF double tops correctively in a smaller ascending channel.
Latest price is forming a H and S pattern, look for breakout confirmation follow by continuation to go.
Thank you
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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