EURNZD Bullish Pennant

已更新
  • Bullish Pennant created in EURNZD.
    HH and HL shows a quick uptrend before pattern start being made.
    Four touches between TL, so pattern is valid. Less than 21 days also.
    We look for a bullish breakout, as pattern is bullish and daily trend also.
    After the breakout, we see a re-test and entered position in the next candle (moment I saw the breakout). Its a bearish candle, but polarity has been made with the re-test so we open the trade anyway.
    Measure the previous uptrend and use same amount for TP2.
    TP1 is 50% movement of TP2.
    SL below Pennant minimum point.




交易结束:到达目标
Todays´s GAP caused by OPEC and COVID-19 news, accelerate the movements and TP2 was hit. Price opened exactly in a historical value zone (Minor Zone).
Chart Patternspennantbreakoutpennantpattern

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