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BambooGrowth
Oct 18, 2016 6:59 AM

NZDCAD - Head and Shoulders 

New Zealand Dollar/Canadian DollarFXCM

Description

Almost the perfect Head and shoulders (Inverse)
The only problem with this is usually inverse head and shoulders forms after a bearish trend.
Which in this case is not in the picture?
Head and shoulders usually a bottoming or top pattern (reversal signs)
Comments
BambooGrowth
It is important to remember that it occurs after an uptrend and usually marks a major trend reversal when complete. We will not trade this setup, just take note
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