tntsunrise
Short

EURAUD TRI-ANGLE Short

FX:EURAUD   Euro / Australian Dollar
2990 34 68
Sell the Break Out
TP1: 1.4962
TP2: 1.4727
SL: 1.5205
Trade active: TRADE ACTIVE. THE TRI-ANGLE IS BROKEN
Comment: TP1 HIT : 1.4962 CLOSE HALF POSITION
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Weechat ID: 32114564
Triangles tend to continue the trend mate.
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tntsunrise stevendave
not really. can be both way
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SaifurRahman stevendave
this is mor elike a symmetrical triangle so break out could be both way.
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tntsunrise SaifurRahman
correct
Reply
stevendave tntsunrise
That would be a failed triangle setup. A Triangle is a momentary contraction in the market and so the trend should continue. The targets used is the thrust added to the breakout in the direction of the trend.
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tntsunrise stevendave
Seems this tri-angle is not a failed one
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hello tntsunrise, what do you think? ;)
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tntsunrise Trading_Jazz
good chart. wait for the break out and trade
Reply
CFDTradingo tntsunrise
Would you wait until it passed where the previous breakout retraced from before jumping in?
Reply
CFDTradingo CFDTradingo
Like 1.506?
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