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HeliosFX
Aug 11, 2017 3:51 PM

EURNZD in the Major previous resistance zone creating a double T Short

Euro Fx/New Zealand DollarFXCM

Description

Using Top down analysis I have a Bearish Bias for this pair you can clearly see an overall Double Top Pattern on the higher TF's I am currently short with my SL above 1.62806. TP Targets are set yet awaiting more bearish price action. On h1 there is a smaller Double Top which I made my entry on. Also my pending was triggered @ 1.62248 which gave me a perfect wick entry on Daily with a smaller lot. Use Risk Management and patience! Remember I am still waiting for more pullbacks and Bearish Price Action.
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