KhayalethuMbewu

EURNZD Intraday & Long on the Break out

KhayalethuMbewu Updated   
FX:EURNZD   Euro / New Zealand Dollar
Hi Trader This is how i draw my trend lines with the line chart then move to normal Japanese candle sticks,I noticed that price is at resistance of this Triangle but to me it looks as if price needs to bounce back down then break out to the upside, Line chart analysis can give you alot of fake outs but when it happens you need to give it break and get a proper break with real bullish or bearish momentum.

Thank you.
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