Despite the fact that the previous forecast broke SL. I am still expecting a bearish move. Now we can see how the price perfectly touched the upper resistance line - the upper channel line.
Therefore, the price remains in the channel. And we continue to hold the deal on SHORT.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
I believe that there is a bigger picture to be seen here on the NZD/USD.
Many signals point to a larger downward movement.
I have posted too on this topic.
You can click on the charts to see the full detailed analysis.
Daily chart Head and Shoulders:
4-Hour chart Bearish Shark Harmonic Pattern:
Let me know what you think