geckotrade

Descending triangle on NZDUSD

Short
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
After a big bear move, the markets are consolidating in the form of a descending triangle. I'll be looking for a breakout and then a retest of structure for a short opportunity. In the future, we may also get a possible head and shoulders since we are approaching a significant level of structure
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