Hey Guys, If you look at NZDUSD, you'll find that there is a nice channel is under formation and near to breakout. If Price remain under the major trendline then we may have a sell setup of breaking-down. If price break the upper trendline before Breaking the channel down then our setup will be invalidated. P.S. Daily RSI is overbought.
Trade according to your own strategy!
Good luck!
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We are still inside the pattern as we're seeing a clear rejection! So Wait for Breakout!
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Correction Undergoing.
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adilnaqvi000786
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Disagree a bit i think it I'll retest channel uper boundary again before brakeout..best of luck have a great day
WaveExpert
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if that happens we don't have to worry! We'll only have to worry if it will go against us after triggering the entry! Good luck u too! :) @adilnaqvi000786,
arshadd
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@WaveExpert, who knows either u triggered or not ??
adilnaqvi000786
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@WaveExpert, Thats the point which i am expecting sell from the top