Hello traders:
Looking at GBPNZD as if made its way up to a HTF double tops area.
Even though price broke up from this HTF channel/flag structure, but price moved up correctively. It formed ascending channel reversal structure.
Then we see price had a strong LTF breakout from that reversal correction.
Wait for clear continuation correction to get in on the bearish move.
Thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.