Potential H&S Pattern
The Kiwi has been on a surge recently and the Swiss Franc has weakened, however a potential H&S (my favorite low risk trading pattern) has been spotted.
A small trade could be placed below the neckline for an initial target of the missed/current weekly pivot with a potential for price to extend further to the previous weekly pivot which would not breech the previous higher low (long term trend remains north!)
A small trade could be placed below the neckline for an initial target of the missed/current weekly pivot with a potential for price to extend further to the previous weekly pivot which would not breech the previous higher low (long term trend remains north!)
Catatan
This is now really playing into its element and with a weak NZD from the recent dairy auction prices and employment figures I suspect this will now head towards my initial target 
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.