Just_Nkhensani

Just_Nkhensani

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.

Just_Nkhensani

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.

Just_Nkhensani

EURNZD has given us a second entry. We got a push down from our first entry and flag continuation pattern

Just_Nkhensani Updated 

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.

Just_Nkhensani Updated 

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.

Just_Nkhensani

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.

Just_Nkhensani

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