FX:EURNZD   Euro / New Zealand Dollar
83 2 6
just retested downtrend line after breakout, I see a potential inverted head and shoulders ...huge upside potential...long term trade ...could run to as high as 2.12..

Go long at 1.512
SL 1.495
TP 1 1.67
TP 2 1.84
TP 3 2.12

Yes it does , and if you a very cautious trader you wait for confirmation , however we have other indicators in this instance that suggest the right shoulder is more likely than not
dont H&S require a neckline that must be broken to confirm the pattern?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out