EURGBP Long: Buy the Triangle Breakout

FX:EURGBP   Euro / British Pound
Hey traders! We have a great setup here with a potential triangle breakout. I like this long here at the completion of potential wave-E. Long is active immediately with tight Stop behind lows. Target is placed at (Y)=(Z). Updates to come, happy trading!
Trade closed: stop reached: Trade is still valid, but here's why this one hit SL: The triangle was NOT yet complete at entry. In fact this was just a portion of the C leg of the triangle. A great fail-safe on this is to take profit when it is clear that the resulting wave after initial wave E terminus is a three wave structure. I was asleep when it happenned, unfortunately. The good news is, very small loss. Chart below. Cheers!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out