BuasiZwothe

EURNZD H&S formation on 4H

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD

This pair just started to show a solid confirmation of the Head and Shoulders Pattern. A push up until 1.69400-1.69500 is expected as the right shoulder gets completed. Perfect entries will be at 1.69500(Sell Limit) and 1.69250(Sell Stop). A drop to 1.6750(Previous resistance) is expected.
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.