Head and shoulders on AUD NZD confluences
Updated
I am looking at going long on AUD NZD again after missing out on the pip perfect entry last time I published on this pair.
I will be attaching a series of images down in the updates.
Confluences:
Weekly: Massive head and shoulder formation looks like it's about to finish the right shoulder off
Daily: Another Head and shoulder formation which is at the right shoulder point.
I will be attaching a series of images down in the updates.
Confluences:
Weekly: Massive head and shoulder formation looks like it's about to finish the right shoulder off
Daily: Another Head and shoulder formation which is at the right shoulder point.
Note
Note
Explanation of the strategy i'm using to enter on the formation of the right shoulder: 
Note
Here is how the Weekly neckline and take profit area for the completion of Daily H&S line up
Note
This is the finished analysis and trade idea:
Note
Here is yet another pattern backing up the overall bias.
Note
Some more entries for those who didn't act on the first trade published
Trade active
Two entries that was sent out is currently active and in profit. Optimal entry is at least +50 in profit depending on when you got in.Note
Note
Yet another trade if you're risk seeking
Overall trade is going great. I'm holding all my positions for the long run.
Trade closed: target reached
Target on several of the trades in this thread has been reached. Follow for more setups. Over 130 pips banked so far on optimal entries.Trade active
Latest buy stop was activated.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.