AUDNZD Double Top with Weekly Trend
Hi guys,
another opportunity on this glorious sunday. AUDNZD has rejected a horizontal resistance zone with a double top.
Price has decelerated and has formed 2 hightests, a tweezer top setup. Furthermore the overall weekly trend is bearish aswell.
Target is the next support zone, the stop is above the weekly 0.618 fibonacci retracement level.
Happy trading
another opportunity on this glorious sunday. AUDNZD has rejected a horizontal resistance zone with a double top.
Price has decelerated and has formed 2 hightests, a tweezer top setup. Furthermore the overall weekly trend is bearish aswell.
Target is the next support zone, the stop is above the weekly 0.618 fibonacci retracement level.
Happy trading
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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.