NZDUSD approaching breakdown

Jun 7, 2018

rising wedge
uptrend channel has not formed yet so i can see short play if the wedge is broken

Jun 8, 2018

Trade active

channel broke down 12hrs after post. Short trade entered

Jun 11, 2018

Note

short trade reached 0.5% profit before bouncing to 0%
at this point, a new cahnnel could be forming as a bull flag. two opportunities are possible, a bullish break out, or a continue of the original idea