DislikedNZDCAD Nicely formed double top and rejection of R38 Line at psychological resistance level 0.95x. Moving quickly towards Pivot level. Already selling at turquoise line on graph, will add to sells aggressively once double top has formed, broken and retested. Moreover, TDI indicator turning down with bearish momentum, volume however is low as NZD bank holiday. Good Luck and Thanks Davit for sharing. Ω {image}Ignored
But if you look on daily, there is really nice area around 0.97 which is also R100 this week. I'm expecting this area to be visited again, few sell limits pending.
To really add into position I like to see a cross on daily and there is none yet, so keeping an eye for now...
buying tops / selling bottoms