KeithNQW
Short

Double Top Continuation?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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Setup as follows. For 2nd TP target, will trail depending on price action

Reason:

1. IMHO Bears in 4 Hour is still in command despite some bullish strength

2. We see consolidation once price reaches previous double top zone which could possibly mean bull weakness


Aug 31
Trade closed: stop reached: Stopped out from this setup.

Market did went down but only after the next pullback wave.

In other words, fell short on timing and of course Mr. Market doing what it does best...

Chaos and unpredictable :)
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