In my previous post on NZDUSD
i mentioned that price after the sell off is in a correction and in this structure we had the completion of a bearish deep crab
. The pattern didn't work well with price still rising. It now looks like will reach the upper parallel of a long term bearish channel
where a have the completion of a bearish butterfly
pattern. Having in mind that we are in correction after a sharp impulse we should go short at that level trying to catch the next impulse to the down.