GBPNZD: Potential H&S formation

2020-01-05 17:12:25

The second half of Dec 2019 see a strong impulse move down follow by a consolidation. This move actually sees a lower high/lower low form. The recent upward might be halted at the Flip Zone(FZ)/QML, possibly forming a H&S pattern. Will be looking for price action at the indicated level to go SHORT

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