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Cmasterza

USDZAR Short

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
Cmasterza Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Chart Patterns USDZAR usdzarshort usdzarforcast
3
0
chartpattern usdzar usdzarshort usdzarforcast
Classic Head & Shoulder Pattern

Wait for the neckline to be broken, a candle must close with the neck line broken - that's the signal candle.

Share your thoughts!
Comment:
The neck line has been holding strong as price moved higher up.

Nothing to do for now - maybe a second shoulder forms - maybe the pattern becomes invalidated. I will wait and see what transpires and update later on...
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