Will NZDUSD make a head and shoulders formation?

From what I see, two spinning tops formed at the bottom of what could be the neckline of a potential head and shoulders formation, indicating there may be a reversal of direction. I am waiting on some more bullish confirmation from the daily chart however you may find some good long opportunities on a shorter timeframe.

Good luck and please trade at your own discretion.

Kommentera:

So the far the pattern looks like it is forming, for this pattern to complete we would have to see some bearish movement.