ernsos90

H4 double top, possible bearish (counter-trend)

FX:EURNZD   Euro / Dollar New Zealand
EURNZD




Last week, H4 closes with a double top. On LTF it's still bullish, we should be looking for more buys opportunities but with that double top showing on H4 we should be careful because more sellers may show up and taking sells entries for the counter-trend . Daily chart showing price enter the buy zone. We are still waiting for H4 retest of where it broke structure last week. Any sell opportunity that we see this coming up week would be a short term sell.

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