ernstschwarz

NZDUSD Kiwi 2618 Trade on Radar

Short
ernstschwarz Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
kiwi formed a double top at an interesting price level where it met the decending trandline and historical lstructure (look left) pkus finished an common upmove extention
(boxed area).
now formed new low and is retracing maybe to the 618 so you can tarde it as a 2618 trade with stopploss above the doubletop.
use piice action to find entry and confirmation (or other way round haha)

trade with care and fun!
Order cancelled:
that's what i mean by "observe price action" there was -no- reason to jump into a 2618 sell trade. price simply crashed up through the 618 fib...
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