AUD/NZD TWEEZER TOP....Rare Signal
Tweezer tops are rare and when they form it could be a very high probability trade. The higher the time frame the stronger it could be.
Note
We closed out when our 1st Target was hit. We did not have a big position on this pair as we had diversified over other Aussie pairs. If we had a bigger position open, we could let the others just run with stop loss at break-even. We might also have a Cup-and-Handle formation in the making here thus more reason for us to close out and wait.
-nvestUcapital
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.