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NZDJPY Symmetrical Triangle Chart Pattern
New Zealand Dollar / Japanese Yen
Long
NZDJPY Symmetrical Triangle Chart Pattern
By UnknownUnicorn8106969
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Jul 18, 2020
4
Jul 18, 2020
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.
jpy
LONG
NZD
NZDJPY
Support and Resistance
symmetric
Symmetrical Triangle
Trend Lines
Triangle
UnknownUnicorn8106969
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