EURNZD: Head & Shoulders | A Potential Reversal

OANDA:EURNZD   Euro / New Zealand Dollar
The price completed a beautiful Head & Shoulder model.
This could be the start of another bearish wave.
However, we must be careful when trading.
What we believe can happen in trading and what can actually happen are two different things.

1. So our job as traders is to create a bias, it does not matter if it is bullish or bearish .
2. We need to know when to execute the trade.
3. We need to position our Stop Loss
4. And we should be realistic with our targets and not being greedy.

It is not supposed at all that we should win all our trades :)

🎯 1.6790
🎯 1.6700

Thank you and Good Luck!

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