NZDUSD - 4HR - Potential Bearish Butterfly & Cypher Formations

We have 2 potential bearish pattern formations setting up here on the NZDUSD 4 Hour Timeframe. A potential Bearish Butterfly (in purple) & a potential bearish Cypher (in blue). The completion zone for both of these patterns line up at a retest of previous structure highs (for the butterfly specifically) proving a good shelf to place protective stops.

I hope you guys have a great week of trading. Another pretty heavy week of news releases so stay safe out there!

Your Trading Coach - Akil