NZD_USD DOUBLE-TOP|WILL FALL TO SUPPORT|SHORT|

2021년 1월 4일

NZD_USD is in the strong uptrend
However, the pair is trading in a megaphone pattern
And has recently hit its resistance line
Which implies a coming move downwards
Should we assume that the pair continues to move in this pattern
Double top with the lower high is also a bearish signal
All signals summed up make me bearish on NZD_USD
And I expect it to go DOWN
To retest the horizontal key level
SHORT! SL ABOVE D-T HIGH!

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