exploration

Setup: Symmetrical Triangle Strategy 789 pip move

FX:EURUSD   Euro / U.S. Dollar
948 0 0
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-trade-triangle-chart-patterns-part-2-a.html

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