Euro / New Zealand Dollar
Long
Updated

Perfect long opportunity

59
Just wanted to share something I saw on the charts, EURNZD has formed a perfect inverse head and shoulders pattern, it is at its neckline right now, would be a perfect entry.

We have also finally broken through a 3 month long trendline, time for some upwards action!

Upside targets are 1.6725 and 1.69

Trade safe and responsible!
Note
Retracing, testing the trendline and possibly reversing. This whole setup would be invalidated for me if the shoulders break.
Trade closed: target reached
Both targets reached, trade closed

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.