📌 Potential SELL setup for: NZD/USD👩🏽💻Technical: Bearish pressure is indicated by daily price action trending below MAs and strong candlestick rejection of the monthly TF. On the 4-hour, the price is currently moving into a channel, making it more than likely to re-test the 4-hour downtrend before continuing to trend down.
🎯 For an ideal entry: Wait for the price to break the lower channel trendline, then, push > exhaustion to confirm the bearish bias. Otherwise, no break, no entry.
