GBP/NZD Head & Shoulder pattern formation

٢٤ أكتوبر ٢٠١٨

The Right shoulder seems to be starting to form. We will then expect a drop when it reaches the resistance line that has been indicated on the chart.

٢٨ أكتوبر ٢٠١٨

ملاحظة

Price is currently testing the neckline and we are anticipating a bullish move and a bounce that will signal a bearish turn-around.

٢٨ أكتوبر ٢٠١٨

ملاحظة

If we're lucky enough, Price might reach a second target of around 1.89000.

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ملاحظة

Signal is still long until it reaches close to our are of resistance.