NZDUSD on the 4 hour time frame shows a nice double top thats going down. a long this way down it has also broken the support level, fueling a further sell off. Stoch also looks right for it. I also did a quick peek on the daily and here you can see that the previous low has been broken and Stoch makes a bearish crossover. so we can be at the start of a nice sell off to 0,7330!
TP: 0.7330
SL: 0.7560
TP: 0.7330
SL: 0.7560
Trade active
Trade closed: target reached
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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.