NZDJPY Same Bearish Sell Outlook

2021년 11월 30일

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

2021년 11월 30일

노트

HTF:

2021년 12월 1일

노트

Price is pushing down now:

2021년 12월 3일

노트

Price is impulsing down, watch for further correction for more downside next week:

2021년 12월 7일

노트

After hitting the previous lows
price formed into a descending channel reversal
and slowing pushing up now
potential ending the bearish momentum

2021년 12월 17일

노트

Watch for this bearish
breakout follow by
continuation before entry