A symmetrical triangle has formed on EUR/USD @ D1. It offers a bearish breakout opportunity for trading. The triangle itself is marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set the stop-loss to the high of the breakout candle (not shown).
Short trade entered at 8:58 UTC today with Entry at 1.12906, SL=1.13926, and TP=1.10197.
Trade closed: stop reached:
SL hit today at 11:05 UTC.