In EURNZD we have found Ascending channel Pattern in Daily Time frame
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns.
As you can see on Charat an ascending channel which is little bit Risky Trade there is 223 pips Risk and 760 pips Reward.
This Trade is only for Risk-taker use 0.01 Lot only.
Sale : 1.73600
Target: 1.73081
Target: 1.72520
Target: 1.69730
Target: 1.65963
Stop loss: 1.75820
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns.
As you can see on Charat an ascending channel which is little bit Risky Trade there is 223 pips Risk and 760 pips Reward.
This Trade is only for Risk-taker use 0.01 Lot only.
Sale : 1.73600
Target: 1.73081
Target: 1.72520
Target: 1.69730
Target: 1.65963
Stop loss: 1.75820
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
