jojofang0901

NZDUSD Sell Setup Forming

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar

Hello everyone:

NZDUSD has also shown us a strong bearish reversal price action from the HTF ascending channel structure.

Similar like AUDUSD , price has formed strong LTF impulse, follow by continuation correction to move the price lower.

Now we are seeing yet another LTF impulse and follow by a small LTF continuation correction.

We can expect either price will start breaking lower now and follow by LTF correction to go lower,
or
We can wait for a bigger continuation correction that will form here, and still expect the bearish move to resume once correction finishes.

thank you
Comment:
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Comments

Nice bearish setup forming here. Looking forward to it, thank you! 😊
+1 Reply
jojofang0901 financialflagship
@financialflagship thank you 🙏
Reply
Great job as usual!
+1 Reply
@Mahtab_Tradia thx 🙏
Reply
awesome thanks for sharing I agree
+1 Reply
@AtlasTrades lovely thx
Reply
Great opportunity and thank you for sharing!
+1 Reply
jojofang0901 caldooninvestment
Reply
Thanks for sharing!
+1 Reply
@KlejdiCuni no problem thx
Reply
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