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pete002

GBPNZD - Potential H&S Idea

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
pete002  
FX:GBPNZD   British Pound / New Zealand Dollar
gbpnzdshort GBPNZD Head and Shoulders
2
0
gbpnzdshort gbpnzd headandshoulders
Potential top of trend H&S reversal pattern in the making iff we form the RHS and we break & close below the neckline as shown.

The potential measured move on completion of the pattern would put price back at the 2.0850 - 2.0900 area.

Good luck if you take the trade if the opportunity presents itself.

edit: Pattern complete, target met.
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