InsiderB

EURUSD : Ready for Breakout ( Descending Triangle)

FX:EURUSD   Euro/U.S. Dollar
Hi Guys,
Eurusd             is consolidating from day's open itself and the unusual calmness indicates a Storm is coming ? Probably a wild breakout in Eurusd             ? We have US (ISM) Manufacturing PMI data in 90 minutes, so markets have a reason to get volatile. These are the times we need to be careful while trading Triangle breakouts, bcos it will give false breakouts. As mentioned in charts stop-placement is vital, so check your plan and then trade.

Note : Last week also we had wild breakout in Eurusd             with triangle pattern , attached in related items.

Happy Trading !
Trade active: With tight stops... check your plan n trade guys !
Comment: Target 1 done, stops to breakeven
snapshot
+1 Reply
InsiderB Niverto
Good risk-reward setup, thanks for sharing !
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out