FX:EURNZD   Euro / New Zealand Dollar
Reversal at the downward trendline on the 4H and the pair has formed a symmetrical triangle.

I expect the price to trade within this triangle and then hitting the first take profit before proceeding to take profit two to potentially form a double bottom .

Risk-Reward Ratio: 1:4.52

SL: 1.75785 ( -69.4 pip risk)
TP1: 1.73662
TP2: 1.71955
Trade active
Trade active: TP1 reached. Still holding and all profits are locked.

Comments

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