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
Comments
FullTimeTrader
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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.
danndc
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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