EURNZD Ascending Triangle Breakout: Bullish Continuation Setup

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The EURNZD 1-hour chart shows a bullish breakout from an ascending triangle pattern formed between points A, C, and D. Price broke above the descending resistance from point B, indicating bullish momentum. The breakout above the consolidation zone around 1.931 suggests a potential move towards the target of 1.94512. The support is held at 1.92243, while the stop loss is placed below the structure at 1.91916, maintaining a favorable risk-reward ratio.

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It is Bearish Flag pattern and not the the Symmetrical triangle.