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VladimirRibakov
Jul 25, 2016 1:14 PM

EURGBP Triangle Breakout 

Euro Fx/British PoundFXCM

Description

There are two possible scenarios for this pair. It is currently trading inside a range. I will be trading the breakout according to the direction.

If it breaks up, I want to see a higher highs, correction and buy towards the last swing high.

If it breaks down, same but vice versa - lower lows, correction a and sell towards the gap.
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