EURNZD - 15M - Head and Shoulders attempt

Mar 1, 2016

Price seems to be tryin to form a head and shoulders. we had a big impulse nearly breaking the blue dashed trendchannel and are now forming a nearly perfect flag. if we breakout to the upside i iwll be looking to buy

Mar 1, 2016

Note

Mar 1, 2016

Trade active

lets see if we can find some followthrough, markets are very slow this week

Mar 1, 2016

Note

this is my rough targetsetup.
618 retracement, somehwat of a retest of the neckling (and maybe tg3 for an break of the neckline, but not sure about that yet - depens how the market behaves)

Mar 1, 2016

Note

Mar 1, 2016

Trade closed: stop reached

first attempted got stopped out. i might consider a reentry if we break the currently bigger consolidation

Mar 1, 2016

Note

Mar 1, 2016

Trade active

lets see if we can this time find the desired followup