UnknownUnicorn560420

Head and shoulders on AUD NZD confluences

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
I am looking at going long on AUD NZD again after missing out on the pip perfect entry last time I published on this pair.

I will be attaching a series of images down in the updates.

Confluences:

Weekly: Massive head and shoulder formation looks like it's about to finish the right shoulder off
Daily: Another Head and shoulder formation which is at the right shoulder point.
Comment:
Comment:
Explanation of the strategy i'm using to enter on the formation of the right shoulder:
Comment:

Here is how the Weekly neckline and take profit area for the completion of Daily H&S line up
Comment:
This is the finished analysis and trade idea:

Comment:
Here is yet another pattern backing up the overall bias.

Comment:
Some more entries for those who didn't act on the first trade published
Trade active:
Two entries that was sent out is currently active and in profit. Optimal entry is at least +50 in profit depending on when you got in.
Comment:
Comment:
Yet another trade if you're risk seeking


Overall trade is going great. I'm holding all my positions for the long run.
Trade closed: target reached:
Target on several of the trades in this thread has been reached. Follow for more setups. Over 130 pips banked so far on optimal entries.
Trade active:
Latest buy stop was activated.
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