NZDJPY Same Bearish Sell Outlook

ที่อัปเดต:

Hello traders:

Similar bearish price on NZDJPY, as we have the same expanding structure that hits the higher time frame double tops.

Price failed to continue higher, instead, bearish reversal price action on the lower time frames.

We see a clear bearish impulse phase down, now there is lower time frame consolidation, good signs of further bearish momentum.

Watch for correction to complete and look for sell down to previous low and lows of the HTF expanding structure.

Thank you

บันทึกช่วยจำ
HTF:
สแนปชอต
บันทึกช่วยจำ
Price is pushing down now:
สแนปชอต
บันทึกช่วยจำ
Price is impulsing down, watch for further correction for more downside next week:
สแนปชอต
บันทึกช่วยจำ
After hitting the previous lows
price formed into a descending channel reversal
and slowing pushing up now
potential ending the bearish momentum

สแนปชอต
บันทึกช่วยจำ
Watch for this bearish
breakout follow by
continuation before entry
สแนปชอต
Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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