Inverted H&S pattern on EURNZD
Possible inverted H&S pattern
LS,H formed with good signs that RS is forming
Long term pattern
1.510 and 1.526 are key areas where price might get stuck
aggressive neckline at 1.510
price may go up to monthly trend line which may be a rejection area (TP1)
long term trade with TP2 at 1.580
LS,H formed with good signs that RS is forming
Long term pattern
1.510 and 1.526 are key areas where price might get stuck
aggressive neckline at 1.510
price may go up to monthly trend line which may be a rejection area (TP1)
long term trade with TP2 at 1.580
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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.
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.