NZDJPY Same Sell Bias, Watch for confirmation

Feb 17, 2022

hello traders:

Also eyeing NZDJPY for more downside move.

We can see after the bearish impulse phase from the higher time frame,
and price has formed into a larger H and S pattern.

On the right shoulder we are seeing a strong bearish impulse phase on the lower time frame,
and then a continuation correction to follow.

Price is on route to breakout now, so wait for a lower time frame bearish continuation correction to confirm further downside potential.

Thank you

Feb 22, 2022

Note

Still watching and waiting for more development.