EUR/NZD is displaying potential signs of a bearish reversal, highlighted by a bearish divergence and the formation of a head and shoulders pattern. A decisive break of the neckline could signal the onset of a new bearish trend, offering a favorable selling opportunity for traders.
Trade active
entry triggeredTrade closed: target reached
TP1 Hit. SL to BreakevenTrade closed: stop reached
TP2 missed Trade closed at Breakeven. 50% profits extracted.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.