Double top at structure with bearish divergence on the EUR/NZD Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Feb 9, 2017 4:31 PM

We have a confirmed double top at previous structure with bearish divergence on the RSI on this pair, giving us the chance for a short entry.

Entry is at 1.4830
Stops are at 1.4890
Target 1 is at 1.4690
Target 2 is at 1.4585

Trade active

⋅ Feb 9, 2017 5:34 PM

Comment

⋅ Feb 15, 2017 10:22 AM

Target 1 hit for +143 pips
Stops rolled to B/E for target 2

Comments

forexjunkie33

⋅ Feb 9, 2017 5:31 PM

Hi, thx for your comment, yes this is just my view using the technical analysis in which i use.

Good luck in your trading.

AmjadFX

⋅ Feb 9, 2017 5:14 PM

Lets see, im looking for long only on this pair, but will see how your view goes