I'm currently looking at EURNZD as there is a clear inverted Head & Shoulders pattern, I'm expecting an uptrend soon so I am waiting patiently for the neckline to be broken before entering a long position.
I will be risking 1% of my capital and looking for 4-5% return.
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Hey guys
Just wanted to give an update on eurnzd, if we don't see price break the neckline, I suggest waiting for price to break and close below the left and right shoulder (break of the horizontal white line) before for any potential selling opportunities.
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