FX:EURNOK   Euro Fx/Norwegian Krone
34 0 3
4 months ago
We have a triangle pattern on 4hr time frame in development

There are a two possible scenarios: bullish and bearish .

My favourite view is we will have a move to upside as there is a monthly trendline I have marked as magneta color.

Wait for breakout first and enter trade with target as on chart.

Structure might change still as triangles develope long time often.

I will post update.
3 months ago
Comment:
snapshot
3 months ago
Comment: Structure has change slightly.
3 months ago
Comment: Pattern still valid
3 months ago
Trade closed: target reached

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