USDNZD daily double top SHORT
Updated
Double top pattern, short on close below neckline.
I was already in a short trade, 50% closed on first target. Set the stoploss for the remaining 50% at 1st target and let it run.
I was already in a short trade, 50% closed on first target. Set the stoploss for the remaining 50% at 1st target and let it run.
Trade active
Moved stop loss to breakeven.Trade active
The neckline is clearly broken on the 4HR chart, and the price tests a previous support area. In about 3 hours USD high impact news could fuel the price to break the support area. On the other hand the price could pullback to the neckline so i adjusted my stop loss again, setting it up just above the neckline.
Trade closed manually
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