NZDUSD: Double top, 50 EMA break and Trend line retest. Quick 3R

27 мая 2021 г.

NU Broke out of a triangle accumulation, with a massive expansion . Its currently formed a double top with divergence at the Camarillia R5,R6 levels, if price breaks the 50 EMA and Cam 5R level it should retest the triangles trend line . 1 hr stochastics are crossing for a move down and 4 hr stochastics are topped and look divergent to me . TPs at middle of expansion/imbalance and at horizontal resistance. I'm keeping my stop pretty tight just above the Cam R6 level allowing a 3:1 RR.

This is my first post so ill shout out to Vasilly Trader, who taught me technical analysis . Chris Moody for his Multitime frame stochastics and other gems. And Anderson Guillgapi, Market Magician and pine coder

good luck

28 мая 2021 г.

Сделка активна

28 мая 2021 г.

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TP1 Break even

28 мая 2021 г.

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now trade is at break even, I wont look at it again, it either stops out or hits my 3 R

28 мая 2021 г.

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Hit target, crazy accurate