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DejanDjekic

NZDUSD Inverted Head and Shoulder at H4 chart

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Dolar New Zealand / Dolar A.S. (FX:NZDUSD)  
DejanDjekic  
FX:NZDUSD   Dolar New Zealand / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis NZD USD NZDUSD Relative Strength Index (RSI) Moving Averages ma200 buy PLAY
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trendanalysis chartpattern beyondta nzd usd nzdusd relativestrengthindex movingaverage ma200 buy play
Inverted head and should on H4, can be recognized on D also.
MA200 is stronger resistance level then neckline in this case, so play smart if you dont want to buy and hold.
On D chart, which I mainly use, RSI 50 level will give more precise insight where the price can go.
May play is buy and hold, as I wrote previously, and in this case, I will go with one nice buy. S/L will be at red line area, T/P at 0.6404
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