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BitcoinMacro
Sep 23, 2016 9:18 AM

Head and Shoulders pattern for the Kiwi Short

New Zealand Dollar/U.S. DollarFXCM

Description

Great head and shoulders pattern, with a double top, two equal shoulders and a basis. I would go short when we touch the green line again with tp around the blue line (around the 0.72 level). For me, the pattern will be fully valid and complete when and if we break the horizontal at that level, which is strong support.
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