EvanJones
Short

Potential H&S Pattern

FX:NZDCHF   New Zealand Dollar/Swiss Franc
9 0 2
The Kiwi has been on a surge recently and the Swiss Franc             has weakened, however a potential H&S (my favorite low risk trading pattern) has been spotted.

A small trade could be placed below the neckline for an initial target of the missed/current weekly pivot with a potential for price to extend further to the previous weekly pivot which would not breech the previous higher low (long term trend remains north!)
Comment: This is now really playing into its element and with a weak NZD from the recent dairy auction prices and employment figures I suspect this will now head towards my initial target

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