why this doesn't work is because it is GUESSWORK. Price doesn't break out of your yellow lines because you are not following the rules of crossing HIGHER TOPS. When price is showing LOWER TOPS or EQUAL TOPS you are guessing that it will BREAKOUT
Should NZDUSD go all the way to retest the top at 0.7378, should we expect a big move down on EURNZD. I know you always say that there is no such thing as correlation between the pairs, but I mean: is NZD the driver, in these pairs? Thank you and a big ciao from Italy !