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petar.penev.78
May 27, 2019 8:13 AM
EURUSD SHORT
Short
FX:EURUSD
60
Euro Fx/U.S. Dollar
FXCM
Description
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May 27, 2019 8:13 AM
I expect your comments ...
Harmonic Patterns
Chart Patterns
Triangle
Comments
IC5
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May 28, 2019 1:44 AM
I agree!
aemcrypto
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May 27, 2019 1:07 PM
Great set-up!
alexey-m
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May 27, 2019 8:35 AM
why you think 1.09 area is a target?
petar.penev.78
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May 27, 2019 8:40 AM
@alexey-m
, Because this is the basis of the triangle from point A to point B (200 pips). This means that if the breakthrough occurs at levels 1.11200, the target will be the area 1.09-1.0920.
petar.penev.78
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May 27, 2019 8:44 AM
@Petar
.penev.78,
petar.penev.78
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May 27, 2019 8:45 AM
@Petar
.penev.78, This is if the movement is 100% complete, but generally these triangles meet about 65-70% of the target
alexey-m
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May 27, 2019 9:03 AM
@Petar
.penev.78, thx for clarification!
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