IvanMadrazo

Trade the Triangle

Short
FX_IDC:EURGBP   Euro / British Pound
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2
EURGBP is inside perfect triangle. My idea is simple "Fade the Breakout" enter short if the price goes up with stoploss in previous high. First target the base of the triangle (Previous low) , Break Even and take partial profits, and see if the price break down this triangle.