NZDUSD has formed a double top alongside of break out of neck line and we are waiting for a proper retest on neck line AKA as resistance area so after getting candle confirmation you are welcome to use any pattern you want but doji-engulf is the best one in my opinion so im willing to hear any new idea you have on this one but after that with a low sl level we can go short and on every target point which is shown by horizontal ray you can move your stoploss again and one more thing about sl lvl its better to put it on top of the double top cause we may have a triangle patter of course so we might have a little bit of noise again to the upside and please use proper mponey managment its not a perfect set up more confirmation is needed
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if you have more questions or opinion on this one please share it on the comment section
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check out our social media and website for more educational content and daily analysis
telegram t.me/fxfortuna
"patience is a key element of success"