big head and shoulders hopefully to resume- 150 pips to start
389
NZD has been reluctant to move lower but it might finally be ready if we get confirmation here
The details:
short below ascending trend line
stops above recent highs
target lows of 0.6970 area and ultimately 6740 area
Note
Remember the trend line was the entry area, it broke above highs before it broke below the trend line, I didn't take an entry but I'm still interested in shorting at a trend line break lower.
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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.