jojofang0901

AUDNZD Wait for correction to finished to sell

Short
jojofang0901 Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Hi traders:

I am eyeing AUDNZD for short opportunities.

On the higher time frame we have the double tops, price formed a channel structure and drop down.

Now I see a continuation correction being developed, and there is good short opportunities to the recent lows.

I see 2 possible scenarios, a) price correct itself up to the top of current structure and drop
or
b) price break out of the structure and I will look for smaller continuation correction on lower time frame for short.

Thank you
Comment:
Comment:
Comment:
Look for completion of this structure


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