2 of my favorite weekly set ups for the coming days

Hey Steemers and Traders ,

feel free to check out 2 of my favorite set ups for next week :

EUR/NZD
Daily Timeframe

-We see a pretty nice SHS formation while price is breaking through the neckline support
-the rising Trendline is already broken this indicates a possible shift in direction
-we also have a falling rsi divergence giving us some more confirmation

patience is the key so as long as price didnt break the neckline there is no need to do anything
a new higher high will invalid the set up and we have to revaluate the situation again

USD/JPY
4h Timeframe

-we see 3th touches of a falling trendline ( 3 touches means the TL is confirmed)
-price had formed some nice wicks to the upside right at the TL also a supply zone (Bearish evidence)
-now i want to see a clear and strong break of the S/R zone right below price

again patience is key and as long price stays above the S/R zone i will sit on my hands
a break above the Trendline and supply zone will invalid the set up for now and we need to revaluate the situation again

You see we dont need to over complicate things to find nice set ups with some confirmation factors.
Next week we will have a look at this set ups and see how they played out .

So far i wish all of you a nice green week! enjoy 2018 !

Cheers / Trueman23