local head and shoulders pattern
Updated
hey traders,
on euro nzd we see that the market retests a decent level of structure 1.693.
formation of a head and shoulders pattern leaves us clues that bulls are exhausted and
bearish violation of the neckline will trigger selling reaction to market's local support.
you stop is above head and target around 1.68
good luck!
on euro nzd we see that the market retests a decent level of structure 1.693.
formation of a head and shoulders pattern leaves us clues that bulls are exhausted and
bearish violation of the neckline will trigger selling reaction to market's local support.
you stop is above head and target around 1.68
good luck!
Note
bounce from necklineTrade closed: target reached
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