FX:NZDJPY   New Zealand Dollar / Japanese Yen
Option 1 - wait for the neckline of the H&S to break and hold below the break for selling this with target of 0.7785 and stops above the right shoulder.
Option 2- wait for confirmation of retest of the resistance price is currently at and buy with target the previous high @81.71. This option is supported by Stoch and RSI being close to oversold, and has a better RR.

Comment: neckline of H&S convincingly broken and closed below without any bounce.
conservative traders could wait for a re-test of the neckline to enter short.
hs looks good)
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out