Get started
HayatoDragonFX

AUDNZD, 4hr tf, double top pattern with ichimoku confirmation

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
HayatoDragonFX  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD audnzdshort audnzdforecast Double Top ichimokukinkohyo audnzdanalysis audnzdsell
6
1
trendanalysis chartpattern indicator audnzd audnzdshort audnzdforecast doubletop ichimokukinkohyo audnzdanalysis audnzdsell
Hello my friends,

This pair come into my forex screener and i saw a promising setup to it.
A double top pattern on the 4hr timeframe, price also already broken below the neckline and retested it.

I got another confirmation from the ichimoku as price also broken below he bullish cloud. It also show sign that price could continue it declines as the cloud start turning red.

Sell AUDNZD @1.0930
Stop loss @1.0970
Take profit 1 @1.0880
Take profit 2 @1.0830

Use only 1-2% risk
Good luck

Disclaimer : i sold this pair at 1.0930 as well

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.