NZDUSD - CORRECTION BEFORE BIG MOVE DOWN

We can clearly see both from the Price Action (Hammer + Shooting star at the bottom level of the small descending channel) but also from the Divergence itself that we could be setting up for a minor correction before potentially one more big impulse to the downside. I'm looking at this correction as a potential Running Flat one (you can correct me on that one, not too sure if it classifies as one) as wave C will not go past wave A due to the predominant trend.

Trade safe and implement your own due diligence before executing a trade.

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