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AUDNZD 4H Bearish Price action

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
mngFX  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Double Top or Bottom Parallel Channel Double Top wedgepatterns AUDNZD
14
4
trendanalysis doubletoporbottom parallelchannel doubletop wedgepatterns audnzd
AUDNZD has been shaping up for a short opportunity as we can see price has created a double top and price has failed to push any higher.

Price has been moving correctively in a reversal wedge pattern which we should expect a Breakout followed by a lower time frame correction to valid a sell entry.

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