rising wedge + overbought rsi with divergence
Updated
hey guys,
nzdusd pair is approaching 0.685 level
we see that the market coils in a rising wedge pattern
with clear weakening bullish momentum
+ take into account heavily overbought rsi with divergence.
I will be looking for selling opportunities following structure looking left
and bearish breakout of a rising wedge as a confirmation.
initial target is above 0.68
second 0.676
good luck!
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