NZDUSD Double TOP

6 jun 2018

NZDUSD has currently formed a Double Top on the 1H chart. To trade this strategy I have a set of rules that has to be met. 1- The market must be trending and must be making higher highs and higher lows. 2- the market must put in a double top. 3- When the market breaks the lows of the double top (horizontal trendline), we can sell at the Close of the candle. 4- STOPS should be set 1ATR above the Breakout candle. 5- Target 1 should be set at a 1/1 Risk/Reward.