Head and shoulder on the daily

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Looking at the monthly chart a feel the pair is breaking down, but on the weekly and daily time frames show some reversal potential.
Head and shoulder reversal as shown on the daily chart is forming up nicely. The MACD is turned up and looking at crossing the zero line. the weekly MACD as turned up below the zero line with MA recently crossing.
I may be looking to enter long in a day trade on the next candle depending on the close.
moved stop to even.
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
well that's what I get for moving my stop, missed the profit.
no entry at present
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 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