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NZDJPY Same Bearish Sell Outlook
New Zealand Dollar / Japanese Yen
Short
NZDJPY Same Bearish Sell Outlook
By jojofang0901
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Updated
Dec 17, 2021
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3
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Nov 30, 2021
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
Nov 30, 2021
Comment
HTF:
Dec 1, 2021
Comment
Price is pushing down now:
Dec 3, 2021
Comment
Price is impulsing down, watch for further correction for more downside next week:
Dec 7, 2021
Comment
After hitting the previous lows
price formed into a descending channel reversal
and slowing pushing up now
potential ending the bearish momentum
Dec 17, 2021
Comment
Watch for this bearish
breakout follow by
continuation before entry
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
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