tntsunrise
Short

EURAUD TRI-ANGLE Short

FX:EURAUD   Euro Fx/Australian Dollar
2988 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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Triangles tend to continue the trend mate.
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tntsunrise TOP stevendave
not really. can be both way
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this is mor elike a symmetrical triangle so break out could be both way.
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tntsunrise TOP SaifurRahman
correct
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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 TOP stevendave
Seems this tri-angle is not a failed one
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snapshot


hello tntsunrise, what do you think? ;)
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tntsunrise TOP Trading_Jazz
good chart. wait for the break out and trade
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CFDTradingo tntsunrise
Would you wait until it passed where the previous breakout retraced from before jumping in?
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CFDTradingo CFDTradingo
Like 1.506?
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