NZDUSD: Keep A Closer Eye For This Sell Setup To Complete

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price is testing a slide parallel of a median line , where we should watch closer for a breakout below it. If price breaks, we should wait for a correction and a sell setup probably to the slide parallel of the descending median line . If a setup completes i will update this post.

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Comment: Price has bounced from the slide parallel and rallied back. So even it looks like price has entered the seel zone we still don't watch for a sell.. We need the breakout first and if price retrace in a corrective structure the sell zone is valid
What a beautiful chart. Brilliant analysis, love the trend lines
Fxprotrader PRO SaeedRehman
Thank you :) It didn't work as expected, but we didn't get involved
ibetrader Fxprotrader
it didnt work then and now it is working bro...it is a definitive sell now...
great eyes
Fxprotrader PRO charbonneauj1
Thank you :)
Is it time to sell this pullback?
Read my update comment mate..!
I like the divergence you're showing. I was watching the 480.

+1 Reply
Thanks for sharing
shorted since last week.thanks for your view.feeling relief you shared same sentiment on this pair
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