GBPNZD- Head And Shoulder Pattern
Head and Shoulders Pattern:
Left Shoulder: The first peak, followed by a dip.
Head: A higher peak, representing the top of the trend.
Right Shoulder: A lower peak than the head but similar in height to the left shoulder.
This pattern suggests a bearish reversal from an uptrend to a downtrend.
Entry Point:
Price has broken below the neckline (2.12636), indicating the potential start of the bearish move.
Stop Loss and Take Profit:
Stop Loss: Placed above the right shoulder at 2.13040, protecting the trade from potential false breakouts.
Take Profit: Target level is set around 2.11473, based on previous support levels or a measured move projection from the head.
This chart suggests a potential sell opportunity based on the head and shoulders pattern, with risk management implemented via stop loss and take profit levels.
Left Shoulder: The first peak, followed by a dip.
Head: A higher peak, representing the top of the trend.
Right Shoulder: A lower peak than the head but similar in height to the left shoulder.
This pattern suggests a bearish reversal from an uptrend to a downtrend.
Entry Point:
Price has broken below the neckline (2.12636), indicating the potential start of the bearish move.
Stop Loss and Take Profit:
Stop Loss: Placed above the right shoulder at 2.13040, protecting the trade from potential false breakouts.
Take Profit: Target level is set around 2.11473, based on previous support levels or a measured move projection from the head.
This chart suggests a potential sell opportunity based on the head and shoulders pattern, with risk management implemented via stop loss and take profit levels.
Trade ativo
acativeTrade fechado: stop atingido
STOP LOSS HIT
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.