Algorithm_N

COUNTER TREND ON H1. SHORT (NZDUSD)

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
As we can see there is a double top on the resistance level the neckline have been broken and we wait for a retest and rejection before entry short. you can also notice the two areas i'm monitoring for TP. For further confirmation, we got a rejection candle on the D1 timeframe. Remember this is just an idea

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.