Just wanted to share something I saw on the charts, EURNZD has formed a perfect inverse head and shoulders pattern, it is at its neckline right now, would be a perfect entry.
We have also finally broken through a 3 month long trendline, time for some upwards action!
Upside targets are 1.6725 and 1.69
Trade safe and responsible!
We have also finally broken through a 3 month long trendline, time for some upwards action!
Upside targets are 1.6725 and 1.69
Trade safe and responsible!
Comment:
Retracing, testing the trendline and possibly reversing. This whole setup would be invalidated for me if the shoulders break.
Trade closed: target reached:
Both targets reached, trade closed