wigtrade
Short

NZDUSD DOUBLE H&S formed H4. Rare bird

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
32 2 3
DOUBLE h&s formed beneath prior strong resistance level H4
first h&s failed
Bearish RSI divergence between H&S 1-2, and within formation of h&s
potential high return short now forming off break of second h&s neckline
Price retracing again to falling supply
Looking for short entry on H1/M15
update to follow
Wig            
Trade active: opened on H1 break
Trade closed: stop reached: stopped out looking for another entry

Related Ideas

trade open
snapshot
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Sell order and stop set on break of current M15 consolidation range

snapshot
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