Following a strong upward momentum, NZDUSD has formed a double top chart pattern. If the price breaks below the neckline, I will be looking for a short opportunity on lower timeframes. My price target is marked in the yellow zone.
However, if the price rallies up from the current level, there is a possibility of forming a triple top chart pattern.
What are your thoughts on this? Feel free to like and share your comments below.
However, if the price rallies up from the current level, there is a possibility of forming a triple top chart pattern.
What are your thoughts on this? Feel free to like and share your comments below.
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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.