EURNZD SETUP.. I NEED MORE CONFIRMATION!
A large down trending triangle/wedge has shaped up. Ar the same time, price is currently hitting a flat top within the wedge and the two structures are now intersecting. Do we get a bounce here or a vicious breakout? Only the price action will tell. Its a tough call at this point so i'll wait on further confirmation to dictate the nature of my trade.
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.