EurNzd was moving in a falling wedge pattern and a triangle pattern as well. And now it had broken the resisting trendline . BUt I am waiting for a retest to enter the market. If i enter then the target will be the red box. I will update here with a chart when I enter the market. It can be a fakeout so thats why I am waiting for retest.
Note
It failed on retest. So I am not placing any trade here
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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.