EURUSD is forming a symmetrical triangle pattern at resistance level . Symmetrical pattern indecisiveness in direction of trend. According to chart pattern analysis, we might see downside breakout from triangle pattern . One can initiate the short trade at resistance level with risk management and stop loss.
Nice outlook there, already playing out nicely, hope you had good execution. :)
Here's my big picture of EUR/USD:
Let me know what you think, hope you don't mind me sharing!
Cheers,
-Dale
Fx_Trader_ViSa
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@Trader_Dale, thanks for sharing you view...as Brexit is still pending, I cant say much on long term basis.
KlejdiCuni
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Great job!
shadow58
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how come my charts cant look like that mine is always flattened if you know what i mean looking at your chart i can see its easier to read the chart because you can actually see the trend. mine is like always going horizontal it never has any vertical movement to it so its so hard to know wtf i am doing
Fx_Trader_ViSa
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@shadow58, don't worry keep learning. You will get through this...
Smalley_4
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@shadow58 learn the difference between log and auto scale
mitech616
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I didn't initially see this triangle, and worried a bit when it appeared to break that upper trend line.
Nice outlook there, already playing out nicely, hope you had good execution. :)
Here's my big picture of EUR/USD:
Let me know what you think, hope you don't mind me sharing!
Cheers,
-Dale