EURNZD SELL/GBPUSD BUYBoth trades were taken at work during london session. EURNZD was taken based on a structure change which showed selling pressure and GBPUSD was taken based on daily structure changes which is a stronger confluence confirmation.
*GBPUSD was taken with 0.40 lot size on my $106 account
*EURNZD was take with a 0.50 Lot size on my $106 account also
Doubltetop
AUD/NZD Trade IdeaHello and welcome to my Trade Idea of the currency pair AUD/NZD.
Lets start with the Top Down Analysis.
Monthly: The overall monthly timeframe is bearish.
Weekly: The last weeks are very bullish but the price is at a strong weekly resistance area and the possibility exists that the price will bounce off there.
Daily: Daily is bullish but the price breaks the counter trendline and retest it.
H4: On the h4 timeframe we see a double top at the weekly resistance.
Have a nice day.