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AndriyMoraru

Ascending Channel on EUR/USD @ D1

Short
Euro / U.S. Dollar (FX:EURUSD)  
AndriyMoraru Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Parallel Channel Ascending Channel breakout chartpatterntrading
1
0
chartpattern parallelchannel ascendingchannel breakout chartpatterntrading
An ascending channel has formed on EUR/USD @ D1 to offer us a sell opportunity in case of a successful breakout. The channel's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. Stop-loss can be set to the high of the breakout candle (not shown on the chart).
Trade active:
Sell triggered today at 8:34 UTC @ 1.20561. SL = 1.21007, current TP = 1.19057.
Trade closed: stop reached:
SL hit today at 7:40 UTC.
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