TheCaffeinatedTrader

Is It Time To Buy NU?

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Recently just completed a textbook Inverse Head and Shoulders pattern on the 4 hour chart. Price is currently struggling at a Fibonacci pivot point so I see price retracing back a bit to retest the support on the neck line then continuing its move up.

Love to get your feedback on this, what do you think?
Comment:
so we didn't get held up and blew right past the pivot point and have just barely broke thought but still testing an earlier swing low point at the 0.683 - 35 price level.

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