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GenesisCTY

NZDUSD: Beautiful H&S pattern right here!

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
GenesisCTY  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
HEAD AND shoulders Head and Shoulders NZDUSD Fibonacci Engulfing Candle Bearish Engulfing
2
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head and shoulders headandshoulders nzdusd fibonacci engulfingcandle bearishengulfing
With the weekly chart bouncing off the 50% Fibonacci level AND creating a strong bearish engulfing bar, further confirmation comes with an absolutely beautiful H&S pattern right here!

However, I expect it to retrace all the way to the previous trendline that it recently broke off.

Comment and let me know your thoughts on this! May the pips be with you!
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