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Nicemate

EURNZD - Bullish H&S - the pattern which begins the big trend?

Long
Euro / New Zealand Dollar (FX:EURNZD)  
Nicemate Updated   
FX:EURNZD   Euro / New Zealand Dollar
7
0
A bullish H&S seems to be forming the right shoulder right about now. This formation, indeed, could be the pattern that begins the big up move, with the end of a consolidation lasting several months.
It is very worthy to take a long position here.
Entry level: 1.468
SL: Below head (1.453)
Final Target: 1.9 (that's right!)
Trade with care,
Comment:
On the Daily timeframe, strong divergence

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At the neckline.
snapshot
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Stop in BE - possibility of one more downward move in the channel.
Comment:
Our stop loss was triggered in break even, but we are in the buy again on this 60min pullback. Stop loss below previous low. 1st target: 1.48500. Final Target: 2.0 (!)

snapshot
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In the breaking.
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