Here is my 4H Chart On EUR/NZD , The price creating a very clear reversal pattern ( Inverted Head & Shoulders pattern ) and the price made a very good bullish price action now And the price confirmed the pattern by closing above the neckline. so we can enter a buy trade when the price go back to retest the broken neckline to can use a small stop loss , and we can targeting from 50 to 100 pips with a decent stop loss .
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clear Reversal Pattern .
5- Pattern Confirmed .
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clear Reversal Pattern .
5- Pattern Confirmed .
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