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UnknownUnicorn5944879
Feb 18, 2022 8:11 AM

EURUSD TRIANGLE - UP/DOWN? 18.02.2022 Long

Euro Fx/U.S. DollarFXCM

Description

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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