GBPNZD Looking for short term upside

ที่อัปเดต:
Hi traders:

I am looking at GBPNZD for some potential short term upside.

We see price on the higher time frame had a strong move to the downside, getting close to the bottom of the channel strucutre.

Price did correctively move down in a fallen wedge structure, adding confluence to the short buy.

Last bit of price action had an Inverse Head and Shoulder pattern, then price broke out of this smaller correction.

Looking to target the recent tops, beginning of the wedge structure. Once price hits that area then I will reevaluate.

Thank you
บันทึกช่วยจำ
Higher Time Frame outlook and forecast
สแนปชอต
บันทึกช่วยจำ
Wait for this correction to break out.
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
FlagInverse Head and ShouldersParallel ChannelpatternspriceactionstructureWedge

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