AndriyMoraru
Short

Symmetrical Triangle on CAD/JPY @ D1

FX_IDC:CADJPY   CANADIAN DOLLAR / YEN
3 months ago
This symmetrical triangle formation on the daily chart of CAD/JPY             offers an opportunity for a sell trade in case of a bearish breakout. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My take-profit level is shown with the green line. I will set the stop-loss level to the high of the breakout bar (not shown on the chart).

More information, chart template, and a free expert advisor to automatically trade this CAD/JPY             pattern - on http://www.earnforex.com/blog/cadjpy-consolidates-in-symmetrical-triangle-on-daily-timeframe/
2 months ago
Trade active: Entered short @ 77.086 at 10:57 UTC. SL=78.630, TP=70.077.
2 months ago
Trade closed: stop reached: The trade hit stop-loss today at 16:12 UTC.
You can find a lot of detail about my trading ideas in my blog - https://www.earnforex.com/blog/. You will also find useful tools to find, build, and trade similar patterns - all completely free.
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