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talalzebian
Aug 27, 2020 11:40 AM

Potential bearish opportunity on the Kiwi (DT) Short

New Zealand Dollar/U.S. DollarFXCM

Description

Bearish Opportunity on the 1Hr timeframe as the Kiwi trends above the 0.66 level. We have a potential Double Top at previous resistence with RSI being overbought as well as RSI divergence. We are looking just for an outside return to test previous resistence levels.

Let me know your thoughts

Trade closed: stop reached

SL hit due to a news spike however effect of news totally reversed and the opportunity still looks good for those who are interested
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