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machos
Sep 2, 2013 11:10 PM

NZDCHF - Head and Shoulders Long

New Zealand Dollar/Swiss FrancFXCM

Description

H&S on 4hr candles. Waiting on a retrace to neckline for entry, otherwise our entry is a bit more risky.

Targetting .74 which is 150 pips away from the neckline.

I got the 150 pips from the range from the bottom of the head until the neckline (.71 to .725)

Comments
machos
good trade, Pradafx, as well. .75 hit
machos
hit target, good trade guys
machos
.75 seems feasible. Good luck!
machos
Entered the trade at .7277
pradafx
My long term target is 0.75. Good luck
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