Hi Traders,
Kiwi has formed a double top reversal pattern at previous resistance. I am looking for a "2618" opportunity to go short as indicated on the chart. Price is very close to the entry level at the 61.8% retracement of the move from the second top to the lowest point below the neckline.
Entry: 0.72740
Stop: 0.73320
Target 1: 0.72060
Target 2: 0.71710
There is Australian employment data being released today, and Kiwi has some correlation to that event.
If you found this idea useful, leave a like or comment, it is always appreciated. Remember to follow for setups every week.
Luke
Kiwi has formed a double top reversal pattern at previous resistance. I am looking for a "2618" opportunity to go short as indicated on the chart. Price is very close to the entry level at the 61.8% retracement of the move from the second top to the lowest point below the neckline.
Entry: 0.72740
Stop: 0.73320
Target 1: 0.72060
Target 2: 0.71710
There is Australian employment data being released today, and Kiwi has some correlation to that event.
If you found this idea useful, leave a like or comment, it is always appreciated. Remember to follow for setups every week.
Luke
İşlem aktif
İşlem kapandı: durdurma seviyesi
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.