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jojofang0901

NZDUSD Look for this next bearish continuation run

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
jojofang0901 Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns Parallel Channel Flag priceaction structure pattern Wedge
17
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chartpattern parallelchannel flagpattern priceaction structure pattern wedgepattern

Hi traders:

Finally seeing some USD strength across the board.

NZDUSD is one that is shaping up to be the better sell opportunity.

Price has form this deeper parallel channel, and within that an ascending channel reversal.

We see the latest price action had its first LTF bearish impulse down from the ascending channel structure, good indication of a beginning of the bearish run.

I would wait for some LTF continuation correction to get in the sell entry down to the lows.

thank you
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