FX:NZDUSD   New Zealand Dollar/U.S. Dollar
59 0 3
As all of you know I am short the NZDUSD             due to my previous chart, however I wanted to get a closer look as well instead of just the monthly chart. Here on the 8 hour we have what looks to be a Head and Shoulders pattern. Now before i say anymore, I will say these pattern in my eyes are not the best patterns due to overthrows and neckline rejections. A neckline rejection can wipe anyone out quickly as Im sure a lot of you newer traders are already aware of. That being said with the monthly evidence and this as back up evidence for my short side bias I will be watching this very intently for a break and retest of the neckline on the bottom side to add to my position.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out