Delilasdad
Long

GBPNZD Head and shoulders reversal 60 min

FX:GBPNZD   British Pound/New Zealand Dollar
37 0 2
This has broken the neckline on smaller timeframe and could give us a nice buy , i think i will wait until the neckline is retested before buying. These patterns can and do fail so trade with care . the trendline above price is the daily so a retest of that would be very nice.
Comment: Be careful as this is still in corrective structure of a bearish flag !
Comment: And there we have it a failed pattern and a fail of the retest. A good reason to wait for pattern confirmation ...
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