NZD/CAD - rejection from Res Short

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ Dec 16, 2018 9:36 PM

Strong rejection, expecting price to make LH and LL on smaller time frames

⋅ Dec 18, 2018 5:49 AM

Price forming double top formation, if rejected is a good sell opportunity. As long P remains below the weekly res, is setup valid.