TheBankTrader

AUDNZD - 4 hour sell based on double tops, bearish divergence

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Price is in the over bought region and there is bearish divergence. Price also hit resistance and created a double tops. We could see price fall! I have a short postion at 1.08470 with stop loss at 1.09487 and take profit at 1.07094.
Trade closed: target reached: Price moved past our target :-)

Comments

Price is moving along to our take profit. :-)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out