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AEFX786

Short NZDUSD Longterm Based on H&S Pattern - 340Pips

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
AEFX786 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Head and Shoulders Chart Patterns NZDUSD nzdusdshort nzdusdsell nzdusdsignal nzdusddaily
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headandshoulders chartpattern nzdusd nzdusdshort nzdusdsell nzdusdsignal nzdusddaily
We've got a completed H&S pattern on the daily timeframe, perfectly in line with a major resistance at 0.73370 - we short for a potential 340 pips profit.

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

Please comment below and Like if you agree with my analysis.

Credits for the H&S pattern find in this idea go to Dan Benzo :)
Trade closed: stop reached:
I personally did not enter on this pattern. I did, however, enter a short based on another analysis and was also stopped out.
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Disclaimer: I do not take all of the trades I publish.
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