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kiwiwalnut
May 30, 2018 4:22 PM

GBPNZD Likely Intermediate Wave Bearish Reversal Short

British Pound/New Zealand DollarFXCM

Description

Validated H&S reversal pattern forming on med trend line.
Tomorrows UK news will likely seal the deal for confirmation of bearish reversal.
If positive news then Bullish target 2.0000

Comment

Head and shoulders completed in my books. Wait for the retest of 1.9035 area for short entry.
will be adding shorts after break of 1.886 area
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