H4 - We can now start looking for pullbacks to short as the breakout of the up trend line has happened.

Two possible Scenario in M15:

Double wave correction – followed by trend line breakout for a sell.

Flat correction – followed by break of the range for a sell.

As long as the last high is holding we can look for shorts using the double trend line principle.

correctionGBPNZDlasthighSELLTrend AnalysisTrend Line Break

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