Symmetrical Triangle on EUR/NZD @ W1

This symmetrical triangle pattern on the weekly chart of EUR/NZD is an interesting chance to go long in case of an upward breakout. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My potential exit level is shown with the green line. I will set the stop-loss order to the low of the breakout bar (not shown).

More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/bl...-new-zealand-dollar/

Trade active:

Long position entered at 0:08 UTC today @ 1.68588, SL=1.63400, TP=1.84923.

Trade closed: stop reached:

Stop reached today at 0:08 UTC.