EURNZD 4h Triangle Structure

FX:EURNZD   Euro / New Zealand Dollar
I have something resembling a symmetrical triangle, but it's not confirmed yet.

Firstly, the support and resistance trendlines only have 2 points, which means they aren't validated at all. By only trading validated trendlines and zones with more than 3 points, one can increase their success ratio.

If price falls from where it is now to the support and bounces from the support trendline , we will have a valid symmetrical triangle setup. If not, I will have to look elsewhere for my trade.

No need to be hasty, be patient instead.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out