Setup: Symmetrical Triangle Strategy 789 pip move

FX:EURUSD   Euro / U.S. Dollar
Setup: EUR/USD Trade when price breaks out of the Symmetrical Triangle.....Please Note : there has been false break outs of this symmetrical triangle as you can see on the charts..wait for a clear/soild break out... 798 pip move..
I calculated ( high of Symmetrical Triangle 1.3552)-(bottom of Symmetrical Triangle1.2754) = 0.0798
I think divergence created this symmetrical triangle. Trading tip: Be sure you have enough trading margin (money) for drawdowns to reach target if you trade the weekly charts...I will try to add more information when there is a sold break out of the symmetrical triangle

See video on how to set profit target and stop out http://www.informedtrades.com/3573-learn...

Please follow my charts at this link by clicking on the follow tab https://www.tradingview.com/u/exploratio... Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.