AndriyMoraru

Symmetrical Triangle on EUR/USD @ W1

Short
AndriyMoraru Updated   
FX:EURUSD   Euro / U.S. Dollar
The symmetrical triangle on the weekly chart of EUR/USD offers an opportunity for a bearish breakout trade. The triangle's borders are the yellow lines. My potential entry level is the cyan line. My potential take-profit level is the green line. I will use the high of the triangle's base as my stop-loss level (1.12360).
Order cancelled:
The entry order was cancelled today as the pattern is no longer valid.

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