This is how I see the next movement for NZDUSD. We are standing at a strong daily resistance level with a bearish divergence on the RSI and a formation of a double top pattern.
You can set a sell order at the double top support level, where if broken you can target the 4H support.
Ive sold at the top with SL above the double top pattern. Go short if it agrees with your analyses.
You can set a sell order at the double top support level, where if broken you can target the 4H support.
Ive sold at the top with SL above the double top pattern. Go short if it agrees with your analyses.