Balazs
Short

NZDUSD - If History Repeats Itself Then Sell

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
70 2 3
Looking at a sell opportunity on this one. As you can see we've had some successful 2618 trades within the higher time frame trend channel (even ones against the trend). Looking to sell this double top now since it retraced to the 618 level and even above. Plenty of room for multiple targets, enjoy!
Comment: The initial double top had some good momentum and plenty of room for profits but didn't turn into a full 2618 setup. Then we saw another double top which reached our first target, and now we have a smaller one. But watch out because it could also be developing a double bottom as we speak. Time will tell, don't rush it.

snapshot
Hope your right, im balls deep short.
Reply
thanks...let see within 3 days, I think its gonna have sell off as reflected in rsi and mfi.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out