The EUR seems to head down targeting 1.7000 after breaking from the H&S pattern..
The NZD is targeting 0.6950 after breaking the nick line of the reversal pattern..
Sell stop is suitable at level 1.0920 target 1.0850 if price breaks the nick line..
The BO of the reversal bearish pattern is an opportunity to go short and target 1.5630
The EUR made a spring false breakout of the support level of the side way channel and then broke the resistance, expected to continue until 1.1730
GBP expected to reach 1.8000 after breaking out the H&S pattern..
The EUR broke out the resistance level and retested it twice, expected to move higher to 1.6900 and 1.7000
For follow up until we see a breakout to up or downside from the current symmetrical triangle.
The EUR is at a reistance level with an engulfing candle, target down at 1.5390
the EUR broke out the descending triangle and expected to hit 1.5450
Long entry after breaking the nick line of the reversal pattern H&S
the price broke the symmetrical triangle and exceeded the level 0.9656 , expected to reach 0.7050 and 0.7150
Long signal will complete if price breaks above 0.7575 (the nick line of the reversal pattern)..
I suspect that the pair will start an accumulation phase before turning up after reaching a support area.. will keep the NZD for follow up..
if current bar close as bearish as is now, it will indicate a down movement till 1.2765
after breakout of symmetrical triangle, the paid seems to target 151.30
Expected to be a valid breakout of the side channel with high momentum..
it looks like the breakout of resistance 0.8666 will be real since there was a previous spring, target 0.8690