TheTradersAvenue

EURNZD > A Nice Triangle Pattern, Breakout Soon?

FX:EURNZD   ユーロ/NZドル
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.



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