TradingView
Nicemate
Feb 15, 2017 8:42 PM

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

Euro Fx/New Zealand DollarFXCM

Description

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

Comment

Comment

Comment

At the neckline.

Comment

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 (!)

Comment

Comment

In the breaking.
More