NZDUSD Double Top and ABCD to the 1.27 extension SHORT Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jul 13, 2023 9:56 AM

We can clearly see a resistance area at the 1.27 extension of the ABCD (at 0.6377) in the Daily.
I am using that price to input a sell order there with a stop at 0.6415, risking 38 points.

Trade active

⋅ Jul 14, 2023 3:41 PM

I have been filled.

AB=CD Double Top or Bottom