Looking at a breakout of the EURNZD Triangle on the 1 hour chart.
Right now it is a pretty strong triangle so it will be interesting to see where price heads after.
We have had quite a few fakouts in triangle patterns recently across pairs so watch out for any massive bearish or bullish moves then wait for the reentry before entering if it seems real.
Right now it is a pretty strong triangle so it will be interesting to see where price heads after.
We have had quite a few fakouts in triangle patterns recently across pairs so watch out for any massive bearish or bullish moves then wait for the reentry before entering if it seems real.