4xbullion

SHORT NZDUSD on daily close below .7790

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
2
Spotted a Head and Shoulder pattern. Such patterns generally lead to high probability trades. Trade is only validated on a daily close below .7790 (trend line).

Trade Type: Head & Shoulders pattern
Price: .7790
Target: .7555
Stop: .7931
R/R Ratio: 1.65

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