Symmetrical Triangle on EUR/NZD @ H4
Actualizado
This short-term symmetrical triangle has formed on the 4-hour chart of the EUR/NZD currency pair following a significant bullish trend. It can now be used a trend continuation trading opportunity in case of an upside breakout. My potential entry is at the cyan line, which is located at 10% of the triangle's base width above the upper border. My take-profit will be at the green line, which is located at 100% of the triangle's base width above the upper border. I will set my stop-loss to the triangle's lowermost corner (1.67483).
Operación activa
Long trade triggered today at 9:24 UTC with the entry rate of 1.69068.Operación cerrada: objetivo alcanzado
Target of 1.70670 reached with the help of the rally.
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