FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Quite a few confluences here to suggest we will see a new lower low, lining up with the 38.2 fib off the daily and the 88.6 off the 4 hour from the latest outside return which has created a double top , Target is the 127.2 extension (of the swing from the yellow trend line ). Risk:Reward isn't as good as id like, could lower it to the double tops and ill make a price action judgement if it gets there wether to drawdown or not but i prefer my stops at solid structure.

Happy trading :)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out