nzdusd accelerated channel and channel bounce entry. libra. test
nzdusd is in a bearish trend and making a bullish correction. price held between a channel is known as corrective structure we have an accelerated channel as well that price is meeting with resistance and to the left we have some structure indicating a libra pattern reversal if prices fails to break we will see a double top and likely the next wave(wave 3 on a bigger scale)
short nzdusd
- correctional structure
- RSI divergence
libra pattern structure
sl at b.e. after the impulse down. this post is my original setup though.
short nzdusd
- correctional structure
- RSI divergence
libra pattern structure
sl at b.e. after the impulse down. this post is my original setup though.
David K Giraldo
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David K Giraldo
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.