forextamil
Short

EURUSD: ON A POSSIBLE TRIANGLE THROWBACK-BULLISH.

FX:EURUSD   Euro / U.S. Dollar
Hello traders,

By the last month record, the pair EURUSD back to normal after the massive fall.

The market printed an impulse at 1.15087 and turned the trend from downward.

In 4hr time-scale the chart shows a mixed print and tends a triangle formation (shown in the graph).

At 1.16764 the market emitted a power candle and break the triangle (shown in the graph).

After the triangle breakout, the broke out point becomes a solid support base for the price range and forming a throwback setup (shown in the graph).

As for now, the price range moving around 1.16891.

The throwback setup gathering potential to print an impulse to climb top.

By the record, I’m expecting the raise may up to the previous resistance point 1.17974.

On the other hand, if the signals start to move in an opposite direction means, end the trade at last support before the break out point 1.16500. It won’t be a loss for you.

HAVE A CLOSE LOOK ON THE CHART AND DECIDE YOUR TRADE.

SIGNAL SPECIFICATION:

Pair: EURUSD

Order: BUY

Entry: 1.16891

Take profit:1.17974

Stop loss:1.16500

Risk Vs Reward: 2.77

Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Aug 02
Trade closed: stop reached

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