forexdumb

head and shoulders pattern D1

FX:GBPNZD   British Pound / New Zealand Dollar
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.

do not use it to trade without further analysis. leave a comment if there is something i miss. thank you.
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