EURUSD - symmetrical triangle

FX:EURUSD   Euro / U.S. Dollar
430 8 1
Quite hard to pick the best direction. A break outside the triangle might help more. Although i tend to go long with euro             , i might be surprised. What do you think about this setup?
To trade this type of triangle you have to wait until there is a break out of the triangle then you take a position to buy or sell..but you have to watch it and i choose not to stay up all night to place trades if they run during the night. I look for pairs that run in the New York Morning hours and I avoid those that trade in the midnight hours..... Thats my setup.
Razvan exploration
hey...exploration, you are right, still i have the gmt+2 time zone, so the EURUSD usualy moves nice, because of the London stock exchange.
breaking down, maybe
should trace a fibonacci fan from 1.22956 pivot !
Razvan 1010oo
if you trace it from there, it already broke the 61.8, as I saw it.
1010oo Razvan
I made a mistake in fast counting waves ;) ..... trace it from 1.22396 pivot and see Doji in 4h .... but should still wait for a while
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out