Get started
GrizzlyBearBee

NZDUSD Update: Head & Shoulders and bottom of pitchfork channel

Long
New Zealand Dollar / U.S. Dollar (FOREXCOM:NZDUSD)  
GrizzlyBearBee Updated   
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex
2
0
trendanalysis chartpattern indicator forex
The currency is gaining strength after hitting a lower level of the pitchfork. A head & shoulder pattern is forming and breakout could confirm the move higher

snapshot
Comment:
Failed to breakout hence no entry was made and idea is invalidated

Related Ideas

GrizzlyBearBee
DXY update: remains in range for seven weeks
GrizzlyBearBee
AUDJPY Update: Best trade idea for Q1
GrizzlyBearBee
GBPUSD Update
GrizzlyBearBee
CAC40 crashing ATHs:
GrizzlyBearBee
AUDPLN Update
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.