SHORT NZDUSD on daily close below .7790

٣٠ أكتوبر ٢٠١٤

Spotted a Head and Shoulder pattern. Such patterns generally lead to high probability trades. Trade is only validated on a daily close below .7790 (trend line).

Trade Type: Head & Shoulders pattern
Price: .7790
Target: .7555
Stop: .7931
R/R Ratio: 1.65