The HTF momentum nudges to bullish momentum. We also have a continuation pattern and are waiting for entries upon breakout
As we have seen on the 1D chart, we have formed a double top pattern followed by a nice impulsive move down and a tight flag on the intraday timeframe. As soon as we get to RR 1:1 we will move stops to break even. we hope it will reach our 90% rule but if not we will lock in profit accordingly with management. (SELL STOPS SET)
CADJPY is currently in a double top structure on a weekly and formed a double top on the 4H. we got a clear neckline break and a continuation bear flag to indicate a continuation to the downside.
As we have seen in the last couple doays we have slowely gained momentum in EURUSD to the last couple of days. From what we see we have gotten a impulsive push up followed by a flag to insinuate a continuation. BUY STOP set and currently waiting to be triggered in.
As we can see we have finally broken the neckline of the internal double-bottom gunning for the overall descending-channel. although we haven't broken above mass psychology, the neckline break is a early sign of bullish momentum and calls for an entry on the larger flag. BUY STOP has been set and an entry is waiting. At 1:1RR move stop to entry.
From a daily and 4H view we have our Expanding channel to which we reached the high of structurally. this allows us to enter on a risk entry within our ascending channel.
EURNZD has given us a second entry. We got a push down from our first entry and flag continuation pattern
we have reached a daily high with corrective structure. We now have a double top with a corrective second top and an ascending channel this confirming our entry. Stop order placed and waiting entry. That_Boy_Divine signing out.
We have our double top at the are followed by a push down and a flag on the 1H. The flag has a 3 touch structure with a corrective nature and above all, we got our candlestick pattern. all we waiting for is to be triggered into the position. Soon as we close at a 1:1 RR we move stop to entry.
We have a third touch of weekly structure. on top of that we have mass psychology from a weekly high and we have shown a decrease in bullish pressure shown by the nature of the market. At a 1:1 RR move stop to entry.
NZDUSD is in a a very strong down trend and combined together with that we had a short term uptrend and got a head and shoulder indicating its time to reverse and continue the main trend