EURNZD-simple trade based only on correlation

A few years ago when this pairs were very good correlated i found very good setups using only correlation information.
The best indicator is the price. According to this chart this pairs a well correlated again.

The EURNZD is very confusing now, so we must look for information on the correlated pair NZDCHF.

I have already my job done for this the NZDCHF (see details below), a cup and handle pattern that is working fine so far:

So if we want to trade the EURNZD the same setup is valid and the R/R ratio is better now.

Best regards.