Asymetrical triangle breaks up : preparing for a strong impulse
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Hey everybody
this is ForexFibra and today we have a tremendous opportunity on eurusd if we catch this buy setup.
there is several things to notice. First is that price broke the asymetrical triangle formed during this EOY and just retested it : providing to us a nice edge over the market.
Now that all the shorters was trapped and will want to close their position around this level we should see a strong impulse with not so many retracement.
Price have flatten, now its time for squeeze. It'll pop faster than a bottle of Champagne in the french parliament, so be ready.
There is several strong resistance above so it'll be nice to take some profit when reaching the ex-BOS, and as well the liquidity pool. and aiming for 1.19000 as target
Hey everybody
this is ForexFibra and today we have a tremendous opportunity on eurusd if we catch this buy setup.
there is several things to notice. First is that price broke the asymetrical triangle formed during this EOY and just retested it : providing to us a nice edge over the market.
Now that all the shorters was trapped and will want to close their position around this level we should see a strong impulse with not so many retracement.
Price have flatten, now its time for squeeze. It'll pop faster than a bottle of Champagne in the french parliament, so be ready.
There is several strong resistance above so it'll be nice to take some profit when reaching the ex-BOS, and as well the liquidity pool. and aiming for 1.19000 as target
Penafian
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