gpuri
Short

EURUSD in a symmetrical triangles continuation pattern

FX:EURUSD   Euro / U.S. Dollar
111 2 2
EURUSD             forming a symmetrical triangles continuation pattern. Statistically should breaks in the direction of the trend and may go as far as 1.2250 handle.
Interesting idea, it is a strong downtrend. Think it might make a strong fake break upwards?
Reply
gpuri DJames
quite possible and that would be time to take a short position with a tight Stop loss. I am already short from here.
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