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NZDUSD is testing the ascending broadening wedge resistance.
RSI is printing a bearish divergence signal.
Price action is printing a double top reversal pattern.
There is a possibility of the head and shoulders reversal pattern formation.
Sell entry β¬οΈ - breakdown below the neckline support.
Target π― - Support levels
Setup invalidation β - breakout above the ascending broadening wedge resistance.
RSI is printing a bearish divergence signal.
Price action is printing a double top reversal pattern.
There is a possibility of the head and shoulders reversal pattern formation.
Sell entry β¬οΈ - breakdown below the neckline support.
Target π― - Support levels
Setup invalidation β - breakout above the ascending broadening wedge resistance.
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