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EZIO-FX
Apr 26, 2021 11:05 AM

Descending Triangle 

Euro Fx/Australian DollarFXCM

Description

Entry Signal
An entry signal is given when the price breaks out of the descending triangle to the downside. This should occur about 66% into the triangle. If the price breakout occurs near the apex of the triangle, it is not valid entry signal as these breakouts tend to lack momentum and have a higher tendency to fail.

wait for more confluence
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