jojofang0901

GBPNZD Double Tops, Watch for sell entry

Short
OANDA:GBPNZD   Livre sterling / Dollar Néo-Zélandais

Hello traders:

Looking at GBPNZD as if made its way up to a HTF double tops area.

Even though price broke up from this HTF channel/flag structure, but price moved up correctively. It formed ascending channel reversal structure.

Then we see price had a strong LTF breakout from that reversal correction.

Wait for clear continuation correction to get in on the bearish move.

Thank you

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