nzdusd ending diagonal double top

nzdusd has formed a double top with 2 ending diagonal patterns.
for entries you can use lower tf.

if the bearish leg is very impulsive i will not take tp1. i will hold and take my first target at tp2.
sl can move to break even after market passes 0.70700

short nzdusd
- double top
- ending diagnal
- candlestick rejection
- RSI divergence

entry: to be determined
sl: 0.73386
tp1: 0.68000
tp2: 0.66879
tp3: 0.63470
tp4: 0.61968
tp5: 0.58914

risk: less than 100 pips
potencial gain: 1300+ pips
-------------------------------------------------------------------------------------------------------------------------------------------------------------
*liability disclaimer*: all trade setups i publish are my personal view of the markets. if you plan on using my setups as signals, do your own research. you are responsible for managing your entries, exits, profits and losses.

Trade ist aktiv:

sl above the high