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UnknownUnicorn8106969
Jul 18, 2020 12:39 AM

NZDJPY Symmetrical Triangle Chart Pattern Long

New Zealand Dollar/Japanese YenFXCM

Description

A symmetrical triangle pattern has emerged, and looks like it is coming close to the end of the chart pattern.

Price has tested the 70.000 key level a few times and bounced back up from it within the current consolidation.

This suggests to me that the price will break out of the consolidation and continue the uptrend.

This could play out to get some big pip gains.
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