JaybeHoh

AudNzd Double Top + Bearish Divergence D1 Chart

FX:AUDNZD   Australian Dollar/New Zealand Dollar
31 2 1
Having a strong reason to make sell because price was retrace into 61.8% + bearish divergence was formed.

Entry :1.0552
SL : 1.07460
TP : 1.0236
EcknerBarcelos
2 months ago
Hi there, Could you please tell me why its a bearish divergence and not a bull divergence?
Reply
JaybeHoh EcknerBarcelos
2 months ago
Price action create lower high, rsi showing higher high, meaning selling action is more higher...so it will tend to go down some more
Reply
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