EURNZD Triangle Trade

EURNZD H1

A triangle trade is coming up in EURNZD pair on hourly charts.


On the lower side we got the trendline which has supported price since 20-Nov. On upper side we got trendline which has supported price since 22-Nov. 



My strategy is to go long on break and hourly close above upper trendline. And will go short on break and hourly close below lower trendline.

Although I dont trade this pair, but the setup looks promising. I might try with small size.