EURNZD H&S pattern and retest, 1:6 risk reward.

FX:EURNZD   Euro / New Zealand Dollar
Here we see an idea for a SHORT trade position.

Previous 4h candles have shown strong rejections.

Head and Shoulders pattern has formed on the smaller time frames and a retest has been compeleted with confirmation.

Good luck to everyone who enters this trade! :)

I will keep you guys updated if anything changes.

TP: 1.67085
SL: 1.67969

FOLLOW ME for more similar ideas like this in the future!

LIKE this if you agree with this idea or you're taking this trade!
Comment: Unfortunately it just hit our SL and rejected that price. I have opened another short position with SL at 1.68


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out