TradingMasterMind

Trade plan EURUSD Consolidation Triangle Breakout pattern

Long
CAPITALCOM:EURUSD   Euro / U.S. Dollar
EURUSD when I was analyzing and setting up the Dual GANN Fans I noticed that the pattern that is actually printing is 60% of a large Triangle that a breakout will occur in the future....if so I can see where price can rise (if the USD falls again) and consolidate in this pattern until BREAKOUT occurs. My educated guess is around Sept/Oct timeframe in-line with a DXY major reversal point that would drive this to break out.

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