Main Trend: Down RSI indicate there is a slowing down of upside momentum, hence expecting price moving downward Best entry when price approaches the downtrend line connecting the recent 2 peaks Second entry would be when the price breakout at the neckline 2 price target also indicated in the key support area
RSI as leading indicator has broke out its trend line, this may lead to price breakout too, please wait for price confirmation.
NZDUSD is breaking out the downtrend line 2 ways to enter: 1.) Wait for H1 close for more conservative trade, enter the trade at the next bar with wider stop-loss 2.) Enter the trade now with reasonable stop-loss (20 pips) and beware of false break as the breakout volume is not significant yet