NZDUSD Wedge Top/Possible Double Top Bear Flag
NZDUSD H4 Analysis:
Moving within bull channel
It's strong upward move in daily timeframe
May 5 High got tested so possible double top bear flag
Overlapping between recent bars, stairs pattern
3 pushes up so wedge top, 75% chance of bear breakout
Strong bull trend so bulls may enter lower just above 50% pullback
Moving within bull channel
It's strong upward move in daily timeframe
May 5 High got tested so possible double top bear flag
Overlapping between recent bars, stairs pattern
3 pushes up so wedge top, 75% chance of bear breakout
Strong bull trend so bulls may enter lower just above 50% pullback
