NZDUSD Inverted Head and Shoulder at H4 chart
Inverted head and should on H4, can be recognized on D also.
MA200 is stronger resistance level then neckline in this case, so play smart if you dont want to buy and hold.
On D chart, which I mainly use, RSI 50 level will give more precise insight where the price can go.
May play is buy and hold, as I wrote previously, and in this case, I will go with one nice buy. S/L will be at red line area, T/P at 0.6404
MA200 is stronger resistance level then neckline in this case, so play smart if you dont want to buy and hold.
On D chart, which I mainly use, RSI 50 level will give more precise insight where the price can go.
May play is buy and hold, as I wrote previously, and in this case, I will go with one nice buy. S/L will be at red line area, T/P at 0.6404