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ch241

EURNZD Short

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
ch241 Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Harmonic Patterns Chart Patterns Technical Indicators EURNZD
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harmonicpatterns chartpattern indicator eurnzd
It looks like EUR/NZD Pair is forming head and shoulders on the weekly time chart. There's a slight bounce from the support this week, but I think entering short sometime this week will be profitable. Keep updated for the new few days.

Target: 1.60
SL: 1.74
Entry: Not yet
Comment:
On the Daily timeframe, we also see the formation of another head and shoulders pattern. I believe that a good time to short would be soon.
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