FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hey Traders, I have entered a short position on NZD/USD. Price has come to an area of resistance forming a double top. Another area of confirmation is price has formed a bearish divergence on the 4hr chart. One last confirmation I needed was a bearish engulfing candlestick which has been formed on the double top.


Entry: 0.64940

SL: 0.65772
TP: 0.64282
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.