Hi traders:
NZDUSD is looking very good for short setups.
We see recent price action with a double tops, price manages to correctively form a correction upwards toward that general area.
Then we see a sharp down move on the lower time frame, expect a continuation correction to form here.
Look to enter the sell from a confirmation correction down to the recent lows.
Thank you
NZDUSD is looking very good for short setups.
We see recent price action with a double tops, price manages to correctively form a correction upwards toward that general area.
Then we see a sharp down move on the lower time frame, expect a continuation correction to form here.
Look to enter the sell from a confirmation correction down to the recent lows.
Thank you
Note
Still waiting for this ascending channel structure to potential breakout lower to form continuation down. Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.