Short NZDUSD Longterm Based on H&S Pattern - 340Pips

We've got a completed H&S pattern on the daily timeframe, perfectly in line with a major resistance at 0.73370 - we short for a potential 340 pips profit.

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

Please comment below and Like if you agree with my analysis.

Credits for the H&S pattern find in this idea go to Dan Benzo :)

Trade closed: stop reached

I personally did not enter on this pattern. I did, however, enter a short based on another analysis and was also stopped out.

AEFX786

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Disclaimer: I do not take all of the trades I publish.

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

AEFX786

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