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TheShredded_FX_Trader
May 11, 2020 11:27 AM

NZSUSD Double Top  Short

NZD/USDOANDA

Description

NZSUSD has failed to continue higher and created a potential double pattern. Monday morning during London open we saw price reject the resistance level creating the 2nd top and breaking 1hour structure. I see price continuing to trade lower to the neckline of the double top.

A push back higher would invalidate the pattern.
Comments
transparent-fx
I will follow NU as well with this MTA analysis
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