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7pasos
Jun 17, 2013 7:46 AM

This could go upside or downside but with a good risk reward rat 

Euro Fx/U.S. DollarFXCM

Description

Few times we can find a triangle who can from the technicall stand point, break as well to the upside as to the downside, with a so good risk reward ratio even to the long or short position.

This have been madurating since las thursday 13, and now seems probable to make the break out.

The idea is to buy at first clear close outside the triangle (and better in this timeframe of 2h.

As you can see, the risk reward ratio, is not interrupted by importants supports or resistance.
Comments
7pasos
Well the feeling of a more close tapering of QE reinforced the USD strength
alivsm
long 3550
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