Balazs
Short

NZDUSD - If History Repeats Itself Then Sell

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
69 2 3
7 months ago
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!
7 months ago
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
Popoythegreat
7 months ago
thanks...let see within 3 days, I think its gonna have sell off as reflected in rsi and mfi.
Reply
BOTMAN
7 months ago
Hope your right, im balls deep short.
Reply
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