Get started
teodorDrobota

NZDUSD - H&S with Double TOP in Right Shoulder

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
teodorDrobota  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Double Top or Bottom Head and Shoulders
1
0
doubletoporbottom headandshoulders
Looks like it formed a Head And Shoulder pattern. To confirm it, it has also a double top in the Right Shoulder.
Both are bearish patterns.

TP set for .70499, just to play it safe. It could go down up to .7025.

Have a great day and don't forget to set you SL.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.