NZDUSD Sell setup from the top
Hello everyone:
Looking at NZDUSD for the reversal price action at the top.
We see price overall has been in this larger HTF structure for quiet sometimes now.
Latest price action shows an ascending channel at the top of the HTF structure, good indication that a reversal may come.
Look for any LTF continuation correction to get in the sell impulse down to the lows.
Thank you
Looking at NZDUSD for the reversal price action at the top.
We see price overall has been in this larger HTF structure for quiet sometimes now.
Latest price action shows an ascending channel at the top of the HTF structure, good indication that a reversal may come.
Look for any LTF continuation correction to get in the sell impulse down to the lows.
Thank you
Comment:
HTF:
Comment:
Rising wedge, double tops, "M" pattern for the bearish reversal.
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