Roker1

Double Top at previous daily resistance at market

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hey guys,
earlier in the week we've highlighted a possible reversal zone in the daily chart of NZDUSD (see the attached analysis) and so today found a double top right at that previous daily level (black line).
The engulfing kicker (under the arrow) is the confirmation signal that we were waiting for entering the market.
Target1 at the retest of the lows and target 2 along with structure.
Stop above highs.

Hope you find it useful!
Let's see how it'll develop.
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw

Comments

Roker1 Niverto
@Niverto, Hey there, nice setup. Now we are at a daily resistance zone, let's see if we can get long.
Reply
Niverto Roker1
@Roker1, Hi, yes exact we are entering a daily support, where the market has already reacted to it.
Reply
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