Trade the breakout
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There are ascending triangle formed in EUR USD chart.
prepare for both breakout scenario;
Buy with TP1: 1.1750, TP2:1.1790.
Sell with TP1: 1.1620, TP2:1.1550
SL set according to your own risk management.
This is my first published idea, feedback is much appreciated.
prepare for both breakout scenario;
Buy with TP1: 1.1750, TP2:1.1790.
Sell with TP1: 1.1620, TP2:1.1550
SL set according to your own risk management.
This is my first published idea, feedback is much appreciated.
Nota
Yesterday the price is testing the resistance at 1.1720, making a double top (triple or quadruple top maybe), and making a sharp fall to 1.1660, validating ascending triangle's support.Since its approximately 12 4H candle to the edge of triangle, I'm expecting the triangle to be broken today or tomorrow.
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.