Break
NZD USD SHS forming ?maybe just maybe ;-) a shs is forming ...break through trendline already done now give me a right shoulder and a neck break to get in...
if you seek the risk try your luck in smaller timeframe when a right shoulder is formed ....or you stay patient until we see a neckline break of this small innerTrendline/neckline..
if we break through support the idea is gone ...if we stay above there could also a double bottom coming in play...we will see... too much guessing and predicting
we have to react not to predict my friends :-)
letz time and price show us what to do ...
Breake Below Close BelowMarket is currently over sold on both the 4 hr and Daily. Expecting a bullish move on the hour candle as a false breakout, then a fall in price. will enter this trade on a break-below close-below candle and once my rules are met.
Past performance doesn't gurrantee future profits. This is for informationl purposes only. Trade at your own risk.