EURNZD Descending Triangle Buy Breakout. Wait until the price retraces to the bottom of the triangle.
Psychological level 1.06300 has been respected twice. Currently inside bar consolidation. If Resistance still respected then reversal to lower diagonal support. Successful trading.
If Symmerical triangle pattern is respected than trend continuation is expected. Wait for Reversal candle pattern for confirmation. Successful trading!
Confluence signals: - Bullish Engulfing, confirms reversal and support level - Bollinger bands oversold - Stochastic crossover
Hammer candle confirmed. Hammer confirms support level. Stochastic crossover confirms buy also.
Complex Head and Shoulders Pattern on 4 Hour Chart. Possible pullback on neckline. Breakout distance below neckline is around 155 pips. Successful Trading!
Confluence of Shooting star and bearish Engulfing confirming retracement. Also Stochastic indicator crosses below 80 threshold is also a confluence signal.
PA Hammer candle confirms resistance for quick scalp. Buy. TP at nearest Resistance.
This is a a head and shoulders pattern. Wait for breakout above Neckline. Measured distance is 25 pips.
Due to ranging after an Upward breakout. Upwards move will continue upwards.