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Isuru_M

EUR/NZD - A fall spotted

Short
Euro / New Zealand Dollar (FX:EURNZD)  
Isuru_M  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Support and Resistance support resistence breakout sellsignal
4
0
trendanalysis chartpattern supportandresistance support resistence breakout sellsignal
In this 1 Hour chart we can see a major Resistance levell has been broken and the same level has been acted as a support 4 times and that support has been already broken after the formation of Head & Shoulders.It is possible that the price may drop back to the previous broken resistance level.A sell trade can be executed.

Note :- I am not a Pro trader,still a learner.Help me to correct my mistakes by showing them.

Thanks.
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