Hi All,
Here we have the NZD/USD on a 1HR time frame. The DAILY and 4HR time frame are in a bearish trend which leads me to believe this could be a short position.
My confirmation would be the bigger picture of a double top with the left side having a good rejection wick and the right side having a tweezer top, Also the tweezer top has respected the bearish trend line.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Here we have the NZD/USD on a 1HR time frame. The DAILY and 4HR time frame are in a bearish trend which leads me to believe this could be a short position.
My confirmation would be the bigger picture of a double top with the left side having a good rejection wick and the right side having a tweezer top, Also the tweezer top has respected the bearish trend line.
Good luck and trade safe.
L
** This is not financial advice and this is my opinion and for educational purposes only - All feedback is welcomed **
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.