EURNZD H&S pattern and retest, 1:6 risk reward.

Here we see an idea for a SHORT trade position.

Previous 4h candles have shown strong rejections.

Head and Shoulders pattern has formed on the smaller time frames and a retest has been compeleted with confirmation.

Good luck to everyone who enters this trade! :)

I will keep you guys updated if anything changes.

TP: 1.67085
SL: 1.67969

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Kommentar:

Unfortunately it just hit our SL and rejected that price. I have opened another short position with SL at 1.68