NZDJPY Same Potential Bearish Price Action, Watch for Sell
Diupdate
Hi traders:
Also eyeing is NZDJPY for the possible bearish sell opportunities.
We can see from the higher time frame that the price has reach a potential high, possible double tops.
Price created this expanding structure and from the top of the structure, we can see there's a bit more lower time frame development.
No further bullish price action, instead, a reversal development, and price does look bearish on the lower time frame.
Watch for sell confirmation, if price can impulse down further, and form bearish continuation corrections, then it can push the price down more.
Thank you
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