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Alexander_Harford
Oct 31, 2020 8:20 PM

AUD/NZD๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ณ๐Ÿ‡ฟ to DROP!ย Short

AUD/NZDOANDA

Description

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AUD/NZD๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡ณ๐Ÿ‡ฟ has formed the Triple Top pattern. Together with the rejection of the price by the Local Resistance line the Stochastic overbought crossover suggest that the price is going to drop.

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Comments
Christuanjonkar
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Thank you.
OmidRafati
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third touch And that's important
Alexander_Harford
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@OmidRafati, thanks for the input
InkyGrip
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It seems valid,thanks for sharing ๐Ÿฆ๐Ÿค›๐Ÿป
KrustyHack
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Ay,

I would say warning because of a close support :


We must watch carefully before going short.
KrustyHack
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And as we can see, there is an Ichimoku Kumo Twist, which indicate probably a range.

So central zone of the range may be a difficult zone to break through. But if price go through it and touch bottom, we can check buying signal to take a long and target middle range first and then top range again. But I don't know, I'm not very confident here.
Alexander_Harford
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Share your thouhgts on this chart :)
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