Head & Shoulder pattern for buy NZDUSD

By abasmsd
Updated
Signal to buy NZDUSD
1. Head and Shoulder pattern
2. Fibo 61.8% of last bullish wave
3. Support level at 0.6542-0.6530


Buy = 0.6538 - 0.6523
SL = 0.652
TP1 = 0.659
TP2 = 0.663
Trade closed: target reached
First target achieved.
I closed half of my position and make risk free rest of them for second target.

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Comment
First target hit and now we have another chance to buy

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Trade closed: target reached
Second target reached. Now I wait for another situation to buy on the pullback to broken bearish trend line.

Profit of this trade = +100 pips

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Fibonacci RetracementNZDUSDTrend Analysis

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