Get started
pod98

Symetrical Triangle

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
pod98  
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns
0
0
trendanalysis chartpattern
Price broke to the upside but has been rejected at the 500MA (White Line) multiple times since the down trend started.
Break to the upside of the triangle was rejected.
Break to the downside may be more favourable.
Looking to open a short targeting the green box where support lies.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.