NZD USD Inverted H&S and Descending Wedge
- As we can see a clear Inverted Head and Shoulders pattern forming at a Key support level
-Also have a break of a descending wedge which would signal bullish bias
-Will be waiting for price to retest the neckline/outside of descending wedge followed by a bullish candlestick formation for entry
-Also have a break of a descending wedge which would signal bullish bias
-Will be waiting for price to retest the neckline/outside of descending wedge followed by a bullish candlestick formation for entry
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.