UnknownUnicorn5944879

EURUSD TRIANGLE - UP/DOWN? 18.02.2022

Long
FX:EURUSD   Euro / U.S. Dollar
The market was in range yesterday for EURUSD. It seems that a triangle is formed and since the price breached the upper barrier it didn't move upwards.

An upward move should not be considered as more probable just because of this reason. However, surely there will be a big move after this. if not in the next 30 minutes then in the afternoon (GMT+2).

Our strategy will be martingale, expecting max 2-3 losses after succession and our view will be upwards.
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