Short Opportunity: NZDUSD
Updated
On weekly chart: a smooth downtrend
On daily chart: H&S + a bearish A/D divergence + ADX indicates a strong down move = down
On daily chart: H&S + a bearish A/D divergence + ADX indicates a strong down move = down
Note
Go short once the price breaks through the neckline. Stop loss is at the right shoulder. Take profit is from the head to the neckline.
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