This looks like a good point to start selling. Maybe with NFP coming up, we could build a position where we aren’t at risk anymore.
3 thoughts on “4Hour NZDUSD Head&Shoulders”
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This looks like a good point to start selling. Maybe with NFP coming up, we could build a position where we aren’t at risk anymore.
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Entered Short at 0.71900 with Stops at 0.72700
Still looking very bullish
You may be absolutely right sir, but I’m going to follow my plan consistently and try to hedge my losses if I trade for a double top. Since I traded pass the 618 my risk to reward ratio is .382 to .618 for a double top trade. On a fundamental note – I’m going to remain a strong bull for USD no a six month outlook.