ChEtg
Short

NZD JPY H and S 30min - Bearish Move

FX:NZDJPY   New Zealand Dollar / Japanese Yen
As you can see Bearish Looking move on NZD JPY on 30mins with possible H and S developed, it is now retesting the Neckline - expected further downward movement.

Expecting NZD to be weak on the back on NZD Central bank being worried about knock on effect of the currency strength on their export demand
To be a H/S needs to be an uptrend. On a Downtrend you would be looking for an Inverse head & Shoulders.
Reply
ChEtg Unai
@Unai, Inverse H and S you would be looking to Buy

Head and shoulders your looking to sell.
I'm selling
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