GBPNZD-double top with divergence at key level
Last structure is clearly corrective, choppy and overlapping, so we should expect a further decline.
Its tricky to find and entry point but i do not want to miss this trade.
We have a double top with bearish divergence at strong level of S/R. Price is showing signs of exhaustion.
SL and targets on chart.
Happy weekend.
*****************DISCLAMER********************************************************************
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000
Its tricky to find and entry point but i do not want to miss this trade.
We have a double top with bearish divergence at strong level of S/R. Price is showing signs of exhaustion.
SL and targets on chart.
Happy weekend.
*****************DISCLAMER********************************************************************
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Follow me on Twitter for updates: @fxtrader2000