EURNZD LONG (INVERTED HEAD & SHOULDER)

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Hey traders,

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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Note
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.

snapshot
Chart PatternsEURForexHead and ShouldersNZDTrend Analysis

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