HELLO GUYS; Last week I posted an analysis for aud/nzd and I wrote to watch out for a right shoulder formation (head and shoulder pattern on the daily chart) and if you have been following this pair you might have noticed that we got a right shoulder formation on Friday. So guys, now, you can act in many ways. The minimum target of the head and shoulders is at the level of around 1.0865, so until this level is reached it is dangerous to enter long positions. But we can enter short positions, that is, we can scalp the market, we can open swing trades, whatever you want and what suits you best. Just don't rush your risk management rules, no matter what kind of trader you are. Of course, the market can do whatever it wants, whenever it wants, so always keep in mind that anything can happen, but this is (for now) the most likely scenario in my opinion.