onewhitmore

NZD/USD double top and cypher

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
On the 1 hour chart there's a bearish cypher recently completed and heading down for profit taking areas. There's also a nice bearish inside bar at the top of the pattern.

In addition on the 4 hour chart this is showing as a double top . Beyond this the stock is heading towards the potential head and shoulders pattern that can be seen on the day chart.