danndc
Short

H&S in NZDJPY + trend continuation

FX:NZDJPY   New Zealand Dollar / Japanese Yen
108 2 3
possible H&S with formation of wave 3 with at least a target around 84. whatch this level in order to see triple bottom formation

good luck
Hello, this case is different. The NZD is getting stronger after rate news yesterday. Probably will stop or make some retracement at this level, but a complete HS pattern is less possible.
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danndc FullTimeTrader
the thing is that i don't see any divergence in rsi or stocasthic wich show a trand change.

i think this move is just about the talk, but it can't last for long.

the worst scenario is that it touches the TL before dropping
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