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Keops
Mar 25, 2016 3:25 AM

EUROUSD & Triangles /\ Short

Euro Fx/U.S. DollarFXCM

Description

Playing around with triangles - EXPERIMENTAL

Don't pay attention to triangle numbers but rather on the angles..

Option 1 (Yellow bars) : Continue the downtrend on 126 (54) degree angle and hit 4 Fib retracement lines and hit 1.08746 on April 12, 2016.
Option 2 (Purple bars): Go up on the 72 degree line until around 1.1275 and go down and hit 1.08746 on April 12, 2016.

Use the screenshot below to readjust the scale:


Keops,

Cheers
Comments
PujariRaju
Angles do not work in Market.Try it in maths.
Keops
Yeah right.. please enlight me
PujariRaju
You can zoom the market or zoom out.Angles need fixed land to work.
Keops
Angles are usable only when your chart is scaled correctly. Most charting software don't keep the scale ratio when zooming in and out. This is why when I found a correct chart scale I "lock it" and never zoom in or out and perform my analysis.
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