NZDUSD has broken a key support today. Double top formation completed by breaking 0.7280 area. Looking for a deeper downside move. Target and stop areas outlined on chart.
@Technician thank you for your great analyse
S\L is 0.73299 ??
Glendoonie
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@ERFANZN, I thought so, but after a second look I think 0.73299 is the POE and the SL would be 0.74321 because is that is the point of recent highs. I was stopped out at 0.73490 yrdterday when I tried to sell this pair. Once bitten ...
ERFANZN
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@Glendooie, yes i saw that , i didn't get this trade yesterday :D
how ever don't worry , sometimes lose , sometimes win ! Good luck
KeTrader
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Still on point...
UnknownUnicorn1676723
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There was a bullish divergence on 1h chart recently. Would this mean that going short is not a good idea now?