Symmetrical Triangle on EUR/NZD @ W1
This symmetrical triangle pattern on the weekly chart of EUR/NZD is an interesting chance to go long in case of an upward breakout. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My potential exit level is shown with the green line. I will set the stop-loss order to the low of the breakout bar (not shown).
More information, chart template, and a free expert advisor to automatically trade this pattern - on earnforex.com/blog/euro-in-symmetrical-triangle-consolidation-vs-new-zealand-dollar/
More information, chart template, and a free expert advisor to automatically trade this pattern - on earnforex.com/blog/euro-in-symmetrical-triangle-consolidation-vs-new-zealand-dollar/
Trade active
Long position entered at 0:08 UTC today @ 1.68588, SL=1.63400, TP=1.84923.Trade closed: stop reached
Stop reached today at 0:08 UTC.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.