Get started
Schlabberlatz

AUDNZD Double Top with Weekly Trend

Short
Australian Dollar / New Zealand Dollar (FX_IDC:AUDNZD)  
Schlabberlatz  
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
Chart Patterns double TOP hightest Tweezer aud NZD short Weekly Charts trend
0
0
chartpattern double top hightest tweezer aud nzd short weekly trend
Hi guys,

another opportunity on this glorious sunday. AUDNZD has rejected a horizontal resistance zone with a double top.
Price has decelerated and has formed 2 hightests, a tweezer top setup. Furthermore the overall weekly trend is bearish aswell.

Target is the next support zone, the stop is above the weekly 0.618 fibonacci retracement level.

Happy trading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.