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youngbossy

Looking to Short NZDUSD with this setup. (UPDATED)

Singkat
Dolar New Zealand / Dolar A.S. (FOREXCOM:NZDUSD)  
youngbossy  
FOREXCOM:NZDUSD   Dolar New Zealand / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis
36
7
trendanalysis chartpattern beyondta
The the chart we can see a clear reversal pattern (Double Top) formed, and also a break through the up trend support that has held for days.

We see that Price is about testing the 0.66177 horizontal support, at this level, I'm expecting a little rejection to the upside before finally breaking breaking through the horizontal support to the downside.

We can make our entry with 1:3RR at 0.66410 and SL=0.66826 and TP=0.65164.

Please do let me know your thoughts and questions in the comment session.
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