EURNZD, 4 hour timeframe, double top pattern in play
Hello my friends, i saw a nice trading setup in EURNZD pair.
A double top pattern is forming exactly on daily chart resistance trendline.
Price already broken below the neckline and currently retesting it. Price also still holding below EMA-200 in the4hr chart so it is pretty much still bearish on this pair.
Sell EURNZD 1.7360-50
stop loss 1.7435
Take profit 1 @1.7265
Take profit 2 @1.7180
good luck
A double top pattern is forming exactly on daily chart resistance trendline.
Price already broken below the neckline and currently retesting it. Price also still holding below EMA-200 in the4hr chart so it is pretty much still bearish on this pair.
Sell EURNZD 1.7360-50
stop loss 1.7435
Take profit 1 @1.7265
Take profit 2 @1.7180
good luck
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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.
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.