Markets › NZD/USD › Head and shoulders
Forex · chart pattern
Head and shoulders on NZD/USD
On NZD/USD the head and shoulders showed up 23 times. The target came first 52% of the time, the stop 43%, and 4% went nowhere within 12 candles.
Counted on NZD/USD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 4 | 75% | 25% | 0% |
| Hourly | 19 | 47% | 47% | 5% |
NZD/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| NZD/USD | 23 | 52% | 43% | 4% |
| All Forex charts | 114 | 39% | 58% | 4% |
| Every market | 1,905 | 38% | 55% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2023 | 3 | 67% | 33% |
| 2025 | 12 | 58% | 42% |
| 2026 | 5 | 0% | 80% |
The last 8 times
- 18 Sep 2026, 13:00 UTC · hourly · stop first after 3 candles
- 5 Jun 2026, 03:00 UTC · hourly · stop first after 1 candle
- 11 Mar 2026, 15:00 UTC · hourly · went nowhere
- 11 Mar 2026, 12:00 UTC · hourly · stop first after 1 candle
- 27 Jan 2026, 08:00 UTC · hourly · stop first after 1 candle
- 17 Dec 2025, 06:00 UTC · hourly · stop first after 5 candles
- 12 Dec 2025, 10:00 UTC · hourly · target first after 5 candles
- 23 Oct 2025, 01:00 UTC · hourly · stop first after 5 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the head and shoulders is
Three peaks with the middle one highest, then a break below the neckline.
Picture a person's head and two shoulders from behind: a shoulder, a taller head, then another shoulder. A head and shoulders pattern is three price peaks shaped like that. When price falls below the line under the shoulders, called the neckline, the pattern is complete.
The full head and shoulders lesson, video and quiz ›
Other patterns on NZD/USD
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI oversold bounce · all of them
The head and shoulders elsewhere
Questions
How often does the head and shoulders work on NZD/USD?
In 23 cases on NZD/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 52% of the time and the stop came first 43%; 4% went nowhere within 12 candles.
What is the head and shoulders?
Three peaks with the middle one highest, then a break below the neckline.