NZDUSD Ready for the drop

22. Nov. 2020

Hi everyone:

As NZDUSD continues to be corrective here on the LTF, the more likely we are going to see the strong bearish move to happen in the up coming days/weeks.

Overall price as we know has been in the larger HTF parallel channel structure for a long time.

Price made its push up to the top, and then w see corrective structure begins to form.

This risking wedge pattern, and the latest double tops price action can the beginning of this reversal move on the HTF.

I would like to see the bearish breakout from the LTF, and look for continuations for the sell.

Thank you.