TechTrader101

Head and Shoulders and Triangle

Long
TechTrader101 Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Using a Triangle to obtain a long position into the bigger move of the Head and Shoulders. Stops behind structure and physiological number 1.6600 and targets before the 127 FIB extension and before the physiological number 1.6700. Higher time frame confirms we have room to go higher.
Trade closed: target reached:
Target hit +56 pips
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.