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Newzealand

EurNzd Very Bullish after Break of NecklineWe have a huge double bottom that is even on the weekly chart visible. We can also see a beautiful shoulder head shoulder pattern on the daily chart. Wait for corrections/dips toward the broken very important neckline around 1.54/5350 for a entry with a target towards 1.60 or even more. This could become a very good trade, expect dips to be bought, and add to your winning trade on the way to 1.60 and while trailing your stop higher. Good luck my friends.
Long
by IamJeanPaul
1
AudNzd Three White Soldiers Trend ChangeWe have a beautiful ABCD multimonth flagpattern on the AudNzd Pair. I am expecting a strong bullish move towards 1.1230 in the coming weeks. After breaking 1.0310 we didnt have any kind of follow through for several days. Sellers are getting dried out, and i think bulls are showing a strong hand with three consecutive solid bull candles and moving again above 1.0310 we can also see a potential double bottom being formed, natural target would be around 1.1230. I am entering on 1.0315 with a Stop @ 1.0235 and looking for a move towards 1.1230
Long
by IamJeanPaul
2
$NZDCAD | Bearish GEO & Wolfe Wave | Targets DefinedHello Traders, $NZDCAD is currently in a strong uptrend with no plans of reversing any time soon. However, looking at the overall structure, we can clearly see a Bearish Geo formation. To define points 5, 5', and 5" I always look for the completion of an AB=CD pattern. This is usually a good indicator or where price will reverse in the GEO'. The lines in red define the highest probability targets. The darker the color, the higher the probability. The targets defined will also act as a level of reversal for price. The lighter colors indicate the strength of the reversal. The lightest color then, has the highest chance of reversal. Making sense? The forecast, for now, is bullish. Stay tuned, Chartistry
by GWaves
4