NZDUSD: Keep A Closer Eye For This Sell Setup To Complete

Price is testing a slide parallel of a median line, where we should watch closer for a breakout below it. If price breaks, we should wait for a correction and a sell setup probably to the slide parallel of the descending median line. If a setup completes i will update this post.

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Kommentar:

Price has bounced from the slide parallel and rallied back. So even it looks like price has entered the seel zone we still don't watch for a sell.. We need the breakout first and if price retrace in a corrective structure the sell zone is valid