NZDUSD Look for confirmation for the sell

Hi traders:

Most USD pairs had a strong bullish run from last week, and I like many of the price action from most of the USD pairs also.

Here on NZDUSD, overall price action is in this larger channel structure, pushing the price up.

We see smaller corrections within the channel, and last bit of price action could be a reversal structure to bring the price down.

If we get a correction in the lower time frame, followed by continuation structure, then we can expect price to continue the bearish momentum down to the lows of the structure.

Thank you

Commentaire:

Commentaire:

lower time frame correction confirmed.

Commentaire:

Deeper correction formed and complete, look for sell now.

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