NZDUSD Structure Evolving, Still Watch for Sell

Feb 24, 2022

hi traders:

Previous sell forecast didn't develop into further confirmation to sell,
and price has managed to move up now to another previous highs.

This time, price is event better in terms of the bearish reversals.
WE can now see a double tops, larger ascending structure, and smaller ascending within.

The price continue to evolve structure, but higher time frame and bearish downside bias not change.

Now that we have see a strong bearish reversal impulse onw the lower time frame, best to see if further downside can be confirmed,
if price impulse down out of the ascending channel, and form continuation correction.

That would be the ideal next sell setup that can play down to the lows.

Thank you

Feb 24, 2022

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