Meghna Singh
2
All posts from Meghna Singh
Meghna Singh in Meghna Singh,

Symmetrical triangle on NZD/JPY daily chart.

We can see a forming symmetrical triangle on NZD/JPY daily chart. This model can work out differently, but most often it is considered as a continuation pattern, but I'll wait for the pair to break out of the triangle - in case of breaking through one of the converging lines one should expect more movement in the relevant direction