The symmetrical triangle is a continuation pattern.
So in theory, the EURNZD will go up again.
In practice this is not always the case.
2 possibilities:
1. Aim for performance by entering now to try to get TP1 + TP2
or
2. Risk reduction approach. Awaiting the theory to be confirmed by TP1 breakout. Then try to get TP2.
And you, what would you have done?
So in theory, the EURNZD will go up again.
In practice this is not always the case.
2 possibilities:
1. Aim for performance by entering now to try to get TP1 + TP2
or
2. Risk reduction approach. Awaiting the theory to be confirmed by TP1 breakout. Then try to get TP2.
And you, what would you have done?
Trade chiuso: obiettivo raggiunto:
Confirmed