NZDUSDAfter a Head and Shoulders pattern on a daily chart, a bearish Crab pattern and a rising wedge on a 4 - hour chart (linked below) ...
Now we get another bearish signal - Triangle formation with a fake-out on the 5 contact point.
Take profit at triangle height after breaking formation (around 0.663).
Stop loss at point 5 top.
* make sure to take some profit along the way.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.