MlungisiThekisoKa-Maqina

MlungisiThekisoKa-Maqina Updated 

I am of the opinion that EURUSD has been stuck in a symmetrical triangle for the last couple of weeks. It recently broke upside of the descending trendline on the 28th of December. And has reached the first target at another ascending trendline - where to from here. I am currently sitting this one out. observing where it will go next and how the analysis will play out.

MlungisiThekisoKa-Maqina Updated 

I have been following this pair for a while and have over the last few weeks predicted that it will trade higher, my analysis anticipates its next moves.

MlungisiThekisoKa-Maqina Updated 

An update to my earlier chart

MlungisiThekisoKa-Maqina Updated 

After having looked at the chart for EURNZD (having initially had a short bias) I noticed what i would like to believe is an ascending triangle. The analysis published her illustrates my thinking. DISCLAIMER: This information is provided as an opinion only and is in no way meant to be used for trading purposes.

MlungisiThekisoKa-Maqina Updated 

Entry into the market is indicated in green horizontal lines and target points in navy blue.