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classical_chartist
Oct 14, 2018 3:30 AM

Possible Head & Shoulders Pattern Developing at Key Resistance Long

New Zealand Dollar/Japanese YenFXCM

Description

NZDJPY 240, Price may have completed the right shoulder of a potential inverted head & shoulders pattern which is setting up at a key horizontal structure level (72.347) which has held multiple times. It is important to exercise patience with H&S patterns and always wait for a break of the neckline before entering a position.
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