EURNZD > A Nice Triangle Pattern, Breakout Soon?
Analysis of #EURNZD
Hi traders, today we will have a look at #NZDCAD
The EURNZD forms a nice triangle pattern, as you can see we have multiple touches on each side.
one way to trade this pattern is too to trade the consolidation inside the trendlines, the other way is to wait for a breakout and trade in the direction of the breakout, which is what I like to do.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #NZDCAD
The EURNZD forms a nice triangle pattern, as you can see we have multiple touches on each side.
one way to trade this pattern is too to trade the consolidation inside the trendlines, the other way is to wait for a breakout and trade in the direction of the breakout, which is what I like to do.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
