tntsunrise
Long

EURAUD buy the break out of the triangle

FX:EURAUD   Euro Fx/Australian Dollar
4554 26 90
9 months ago
Buy the Break out of the tri-angle.

After a bullish shark pattern
price stopped making lower low
and consolidate in the tri-angle.

A breakout of the tri-angle will move the pari
toward TP1 1.5150 and TP2: 1.5570

Trade only when the candles' body
closed above the tri-angle and keep outside.
SL should be the origin of the bullish candle.
9 months ago
Comment:
snapshot

GOING TO BREAK
9 months ago
Comment: BREAK UP. BUY
9 months ago
Comment: This is a genuine break out. close above the tri-angle
9 months ago
Comment:
snapshot
9 months ago
Comment:
snapshot

SOLD BREAK UP
GOING TO HIT TP1
9 months ago
Comment: TP 1 HIT
9 months ago
Comment:
snapshot

look at the chart, Target One hit and price went down.
this tells us one important thing:
You have to take some profit at target one!
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sha2labaz
9 months ago
which frame ?
Reply
AmjadFX sha2labaz
9 months ago
Daily
Reply
sha2labaz AmjadFX
9 months ago
shokran ya m3alem
Reply
forexmech
9 months ago
Hi Jack, you would wait for a breakout & pullback before entry? Or a more aggressive entry upon break out ? Thanks
Reply
Marvin
9 months ago
Break an close on the 240 Jack?
Reply
hayk
9 months ago
Also triangle in EURCAD, which is already broken.
Reply
rajenderam40
9 months ago
hi a shark pattern need a 0.618 retracement on B but i see a 0.478 ? so ?
Reply
mads.staermose
9 months ago
where is your SL?
Reply
sha2labaz
9 months ago
i will set a pending order at 1.4900 buy limit ... its beter i see jack

do u agree me ?
Reply
Link77 PRO
9 months ago
This is a nice one Jack, great call!
Reply
techbyter
9 months ago
what is your sl on this..? I have kept it near the x
Reply
Equal PRO techbyter
9 months ago
SL must be after break of triangle on downside. When it breaks - it is SL.
+1 Reply
Equal PRO
9 months ago
Isnt it a fale break ? Spike fade out. Now inside a triangle
Reply
RahatHasan Equal
9 months ago
Yes its a false break
:)
Reply
tntsunrise TOP Equal
9 months ago
it is a valid breakout. NFP makes all the shortting guys stopped out.
+1 Reply
aoo.hlo.raeng tntsunrise
9 months ago
Thanks.
Reply
DinhVanThach
9 months ago
Should not trade post NFP. False Break out. Eur USD will fall and AUD USD will rise
Reply
DinhVanThach
9 months ago
You should be carefull with short audusd.
Short
Reply
tntsunrise TOP DinhVanThach
9 months ago
did not go what you expected and it is a valid break out
Reply
3nchev
9 months ago
IF it's false break , what to do next ? Thanks .
Reply
tntsunrise TOP 3nchev
9 months ago
It is a valid break. keep your position
+1 Reply
emad486
9 months ago
can we enter sell again 1.1395 now
Reply
marcus123
9 months ago
I'm in on this;
Reply
felipenavarro1
9 months ago
Jack what about RBA rate decisión, should we close trade or change to BE?
Reply
tntsunrise TOP felipenavarro1
9 months ago
no need. stay with you plan
Reply
snpd2010 tntsunrise
9 months ago
Hi
Do u think that it is valid to buy now ?
thx
Reply
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