NZDUSD More Room To Downside

Dec 1, 2021

Hi everyone:

Similar price action like AUDUSD, we can see NZDUSD is also shaping up for another bearish impulse down.

After price completed the HTF correction structure, we see the bearish reversal impulse phase pushing the the price.

Clearly it has broke out of the correction, and is now consolidating on the lower time frame.

This is good indication for forther downside momentum, when the correction completes, watch for sell entries down to the previous lows.

thank you

Dec 3, 2021

Note

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

Dec 7, 2021

Note

Start to see the HTF having a
bullish reversal at the bottom
potential double bottoms
bottom of structure
will monitor and observe

Dec 19, 2021

Note

Price continue to consolidate
can still lead to more downside

Jan 18, 2022

Note