Shorting the Top

Updated
Let's get this excellent risk-reward short together! Stop loss is tight because I believe that this is the spot where the shorting starts for this pair and if I'm wrong then we cut it fast.

However, I'm expecting the 3rd bounce to the trendline before any further moves to the upside. It's almost a shame not to short this pair, but if you have your own bias go with it :D
Trade closed: stop reached
Chart PatternsNZDUSDriskrewardshortsetupTrend AnalysisWave Analysis

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