TradingView
TradingMasterMind
Jul 3, 2021 12:35 AM

Trade plan EURUSD Consolidation Triangle Breakout pattern Long

EUR/USDCapital.com

Description

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.
More