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NZDCHF: Bearish head & shoulders at daily resistance.

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NZD/CHF (OANDA:NZDCHF)  
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Support and Resistance Multiple Time Frame Analysis Head and Shoulders
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supportandresistance mtfa headandshoulders
A bearish head & shoulders pattern is nearing completion at a daily resistance level. The daily chart has also closed as a bearish pinbar rejecting resistance. I'll wait for a break and retest of the neckline before selling. The 3 profit targets are based purely on structure. I'll most likely take all profit at the conservative target.

YEARN-FOREX
Komentar:
Correction: The daily candle hasn't closed as a bearish pinbar, according to my definition, but has still closed rejecting resistance.
Komentar:
Conservative target reached.
Komentar:
Secondary target reached.
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