Fxprotrader
Short

NZDUSD Bearish Butterfly Completion with Potential Double Top

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
304 2 17
A little late on this one but is absolutely ok to trade it as it is.. In fact we have a much safer trade the way the structure is formed. We have a bearish butterfly completion but price retraced after a while and now is about to form a double top . So we can wait for a breakout as shown in the chart something that will confirm the sell off of price.

A small divergence with MACD adds to our concept.
Trade closed: target reached: I closed this trade just a few pips away from my first target. Stoploss to breakeven at the second one for risk free 2nd trade..
Trade closed: target reached: Second target reached
Website: http://clivityfx.com/
FREE Trading Channel: https://t.me/clivityfx/
congrats fellow! Good trade
Reply
Thank you piet..!
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