AndriyMoraru
Long

Ascending Triangle on EUR/AUD @ H4

FX_IDC:EURAUD   Euro / Australian Dollar
The ascending triangle on the 4-hour chart of EUR/AUD             presents a bullish breakout trade opportunity. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My potential take-profit level is shown with the green line. I will set the stop-loss order to the low of the breakout bar (not shown).

More information, chart template, and a free expert advisor to automatically trade this pattern - on http://www.earnforex.com/blog/euraud-shows-ascending-triangle-on-4-hour-chart/
Trade active: Entered long @ 1.56461 at 6:40 UTC. SL=1.55148, TP=1.60180.
Trade closed: stop reached: Hit the stop-loss at 15:06 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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