weiloon940718
Short

NZDUSD : POTENTIAL HEAD AND SHOULDER, TRADE THE RIGHT SHOULDER

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
39 0 4
The price has just rebound from near the uptrend line 2, but since the uptrend line 1 is broken, there may have another downward wave. From the pattern of chart, there will be a potential libra pattern and also FIBO 0.618 converge at near 0.73132. If this level is not broken, I am interested to sell at there.
TRADE IDEA :
SELL AT NEAR 0.73132
SL : 0.73500
TP : NEAR UPTREND LINE 2, NEAR POTENTIAL NECKLINE.
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