EUR/NZD Created H&S Pattern ,Short Setup Valid To Get 200 Pips !

3 days ago

Here is my 2H Chart On EUR/NZD , The price creating a very clear reversal pattern ( head and shoulders pattern ) and the price made a very good bearish price action now from good res area so we can enter a sell trade now Or Waiting the price to go back to retest the broken neckline and targeting from 100 : 150 pips , the price go up very hard without any correction so i think the price will go down very hard also . if we have a daily closure above my neckline then this idea will not be valid anymore .

Reasons To Enter :

1- Perfect Reversal Pattern ( Head & Shoulders ) .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4- The Price Closed Below Neckline .
5- Perfect 4H Closure .

yesterday

Trade closed: target reached