DOUBLE TOP SPOTTED IN RESISTANCE ZONE
Hi everyone, today we're going to be looking at NZDUSD
As we can see clearly in the chart the price had a huge pump from the support zone, and we look for long opportunity In the support zone
Now currently NZD is now in its resistance zone, and we're looking for a short position
In the resistance zone we see a price pattern formation which is a DOUBLE TOP.
Double tops a really good signs of short position, especially when found in a resistance zone.
Trade carefully and good luck
If you like my analysis don't forget to like and follow
As we can see clearly in the chart the price had a huge pump from the support zone, and we look for long opportunity In the support zone
Now currently NZD is now in its resistance zone, and we're looking for a short position
In the resistance zone we see a price pattern formation which is a DOUBLE TOP.
Double tops a really good signs of short position, especially when found in a resistance zone.
Trade carefully and good luck
If you like my analysis don't forget to like and follow
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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.