Setup: EUR/USD Trade when price breaks out of the Symmetrical Triangle.....Please Note : there has been false break outs of this symmetrical triangle as you can see on the charts..wait for a clear/soild break out... 798 pip move..
I calculated ( high of Symmetrical Triangle 1.3552)-(bottom of Symmetrical Triangle1.2754) = 0.0798
I think divergence created this symmetrical triangle. Trading tip: Be sure you have enough trading margin (money) for drawdowns to reach target if you trade the weekly charts...I will try to add more information when there is a sold break out of the symmetrical triangle
See video on how to set profit target and stop out informedtrades.com/3573-learn-trade-triangle-chart-patterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support
I calculated ( high of Symmetrical Triangle 1.3552)-(bottom of Symmetrical Triangle1.2754) = 0.0798
I think divergence created this symmetrical triangle. Trading tip: Be sure you have enough trading margin (money) for drawdowns to reach target if you trade the weekly charts...I will try to add more information when there is a sold break out of the symmetrical triangle
See video on how to set profit target and stop out informedtrades.com/3573-learn-trade-triangle-chart-patterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.