rising wedge + overbought rsi with divergence

١٢ مارس ٢٠١٩

hey guys,

nzdusd pair is approaching 0.685 level


we see that the market coils in a rising wedge pattern
with clear weakening bullish momentum
+ take into account heavily overbought rsi with divergence.

I will be looking for selling opportunities following structure looking left
and bearish breakout of a rising wedge as a confirmation.

initial target is above 0.68

second 0.676

good luck!

١٢ مارس ٢٠١٩

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