( 1st pos +120 , 2 pos in progress) week11 NZDJPY big A trade with classic Double Top neckline retrace

Had been waiting for this trade for a long time with big picture planning.


week11 nzdjpy d1 dt neckline retest 030915

this is classic neckline retest of a Double Top. If price should print a right shoulder, then it will be the highest probability retest via a hns.


The bearish engulfing day was significant because it happened near the confluence of the neckline as well as a f6. A topping pattern here will be extremely high probability.

week11 NZDJPY h4 bearish engulfing 030915


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