Balazs
Short

Maybe a Sell, Let's Look at History

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
58 0 3
Looking back we see some previous 2618 trades within this pair. Mainly an obvious double bottom indicated a trend reversal and then a 618 retracement before the bigger move up. Now we see a recent break of the lower trend line with a possible double top as further confirmation of a sell. As usual, wait for consolidation
Comment: Never a bad idea to see what's happening on the higher time frame. Always good when it agrees with your lower time frame idea :)

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