Keep watch. Head and Shoulders Pattern on the EURNZD
Price has probably reached a lower high and its going to make its way down again. At the previous top we have a nice bearish divergence. The market seems to have retraced within the Fib. zones. If you use bollinger bands in your strategy you'll see that your candlesticks are touching the top bollinger band. There's a lot of confluence in this setup so lets keep watch.
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