Mgisa

We need only to lay in wait

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
The NZDUSD is currently moving in a downward channel, it has touched and reversed from the upper bank of the channel so now we lay in wait like a lion hunting a buffalo cub as the price is attempting to make a very beautiful double top (which is clearly seen in lower timeframes i.e The 4hr and the 1hr) before we get a sell signal which will take us to an amazing 250 pips journey to the bottom bank of the channel. This setup is likely expected to play out on Monday but a keen eye will be kept at all times,

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