Potential double top on the hourly TF, Pullback possible
Hello traders, there is a potential double top forming in the
hourly chart of NZD/USD.
If the resistance zone holds, we can expect NZD/USD to fall around
50-60 pips. Potential sell entry would be between 0.6040-0.6050
with SL above the resistance and TP at 0.5975.
hourly chart of NZD/USD.
If the resistance zone holds, we can expect NZD/USD to fall around
50-60 pips. Potential sell entry would be between 0.6040-0.6050
with SL above the resistance and TP at 0.5975.
Comment:
Price has dropped 20 pips since I posted