Nicemate

NZDUSD in bearish H&S formation - ready for a short

Short
Nicemate Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
5
NZDUSD seems to be ready for a downside, right at the long term trendline. Possible bearish H&S in formation, but it could also never reach the sell structure, as it has already broke a channel on the 1hr timeframe, and has formed a consequent flag
(it could start going from here)
Stop above "H", 1st target in the 0.6978 area.
Trade with care
Comment:
Sorry: "H" meaning the high at 0.73122.
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