AndriyMoraru

Double Top on AUD/NZD @ H4

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
A double top pattern has formed on the 4-hour chart of AUD/NZD . The tops are marked with the yellow brush; the neckline is marked with the yellow dash-line. My potential entry level is at the cyan line. My potential take-profit level is at the green line. Stop-loss can be set to the high of the breakout candle (not shown on the chart).
Trade active: Short entered today at 00:29 UTC at 1.09168 with SL=1.09497, TP=1.08144.
Trade closed: stop reached: Stop-loss hit yesterday at 21:05 UTC.
You can find a lot of detail about my trading ideas in my blog - https://www.earnforex.com/blog/ You will also find useful tools to find, build, and trade similar patterns - all completely free.

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