SHORT NZDUSD on daily close below .7790

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
230 0 2
Spotted a Head and Shoulder pattern. Such patterns generally lead to high probability trades. Trade is only validated on a daily close below .7790 ( trend line ).

Trade Type: Head & Shoulders pattern
Price: .7790
Target: .7555
Stop: .7931
R/R Ratio: 1.65
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