Get started
TheBankTrader

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

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
TheBankTrader Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD Bearish Patterns Divergence doub
2
1
audnzd bearish divergence doub
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 :-)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.