The NZDCHF could be moved as it prodicted in the chart, we are hopping it moves as we drawn on the chart.
There are 2 options we could make the future trade strategy plans:
Option1: If the Price move downtrend, we are still consider the pattern as Head-Shoulder-Bottom,and we could make a trade on the right shoulder, the plan is when the price move to the support line which is price @0.66775 and give us a significate K-Bar pattern such as Long-Tail Pin bar or Engulfly, and match the HL condition, we could use the strategy to setup a 1% risk stop pending order and SL @0.66535 and TP @0.67294.
Option2: If we miss the oppotunities of option1, we could choose another option which is if the price move above 0.67455 ( there is a resitrict trading area between 0.67455 and 0.67294, the trend is hardly analysis in this range), this mean the Head-Shoulder-Bottom pattern for NZDCHF, we could setup a trading strategy as: Entry price @ 0.67455 and SL @ price below 0.66775 (appx @0.6665) and TP @0.68444.
There are 2 options we could make the future trade strategy plans:
Option1: If the Price move downtrend, we are still consider the pattern as Head-Shoulder-Bottom,and we could make a trade on the right shoulder, the plan is when the price move to the support line which is price @0.66775 and give us a significate K-Bar pattern such as Long-Tail Pin bar or Engulfly, and match the HL condition, we could use the strategy to setup a 1% risk stop pending order and SL @0.66535 and TP @0.67294.
Option2: If we miss the oppotunities of option1, we could choose another option which is if the price move above 0.67455 ( there is a resitrict trading area between 0.67455 and 0.67294, the trend is hardly analysis in this range), this mean the Head-Shoulder-Bottom pattern for NZDCHF, we could setup a trading strategy as: Entry price @ 0.67455 and SL @ price below 0.66775 (appx @0.6665) and TP @0.68444.