Hi! I would like to share my idea with you related to NZDUSD. I can be wrong but i don't see big potential for continuation down with good RR. We see that formed new chanel, old one broke down. As you know, in such case best selling opportunity will be from top of the chanel.
Brake of red line will invalidate idea.
Brake of red line will invalidate idea.
Note
How many trades were selling this H&S while someone was building his positions? :D
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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.