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WhaleOtin
May 10, 2020 9:57 AM

EURUSD SYMETRICAL TRIANGLE (TIME FRAME DAILY) Long

Euro Fx/U.S. DollarFXCM

Description

RECOMMENDATION: BUY ON WEAKNESS OR BUY ON BREAKOUT

Analysis: Based on my analysis, EURUSD in the Daily time frame is forming the Symetrical Triangle pattern that we know this pattern can be breakout in two sides, but I'm pretty sure that there's a rebound or a rejection in the strong support area. Hence, price will soar high until the neareast resistance at price 1.10840!

Stochastic: There is a Bullish Hidden Divergence in the Daily time frame.

SIGNAL:
BUY (MARKET EXECUTION)
SL 1.07660 (75PIPS)
TP 1.10840 (240PIPS)
Risk Ratio Rate 1:3

Remember to set break even poin after price running above 50 pips+
You can also choose the TPM (Take Profit Minimum 70-100pips) option

Losses are beyond our responsibility!
FOLLOW MY IG: trading_saya.kecil

Comment

It's better to entry after a rejection in minor support.. find a smaller time frame go entry!

Trade active

RUNNING BUY AT 1.08396

Comment

Running profit! Hold your position!

Comment

Bearish Flag Pattern in H4, not a good idea to LONG anymore.. try to CUT LOSS AND REVERSE SELL goodluck..
Comments
aurorial
TRIPLE MODULO!!! DEFINIDO EURUSD BUY
barsbold0826
THIS IS NOT SYMETRICAL TRANGLE PATTERN!
WhaleOtin
@barsbold0826, so what do you think is it? My perspective is still Symetrical Triangle :)
transparent-fx
I will be looking at it from this perspective
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