eightpac
Short

GBPNZD Head n' Shoulders Short Progress

FX:GBPNZD   British Pound/New Zealand Dollar
Seen this head and shoulders set up on the 1h, not the typical spot but this pair is in a down trend by my judgement, so with that behind my back I took a short entry at 1.8253. Stops are now in profit around 1.8228 targets at the low 1.8100s (based of height of pattern). If it makes it (which I think it will based of the bearish trend on daily) sweet! If not, its a free trade with guaranteed profit!
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