Trade Ideas Educator: NZDUSD Triangle

A Bullish Shark setup as a countertrend trade meets a descending triangle, a breakout to the upside or downside is required to have a clearer picture of where the market will move and that is because of the RSI is neither in the overbought nor oversold area.

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A break and close below descending triangle confirms the bullish shark invalid, will wait for retracement to engage for a short.