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Delilasdad

GBPNZD Head and shoulders reversal 60 min

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Delilasdad Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
2
0
This has broken the neckline on smaller timeframe and could give us a nice buy , i think i will wait until the neckline is retested before buying. These patterns can and do fail so trade with care . the trendline above price is the daily so a retest of that would be very nice.
Comment:
Be careful as this is still in corrective structure of a bearish flag !
Comment:
And there we have it a failed pattern and a fail of the retest. A good reason to wait for pattern confirmation ...
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