EURUSD Probable Contracting triangle (Short)

FX:EURUSD   Euro / U.S. Dollar
491 6 12
Let see how this plays, Good Luck !
Disclaimer: This is only for informational purpose, people taking trades using this idea will be liable of their own loss
Trade active: Sorry folks for late update... entered short at 1.0858
Comment: Stop loss 1.09850

A few adjustments in the triangle but pattern is still valid..... price touching below trend line let see if it breaks down or not
Comment: Stop loss moved to 1.09700
Trade closed: stop reached: Sorry for the late update... Stop loss got hit on this trade
KayJay thulasi
Your welcome :)
good luck...
KayJay johan.verm
Thanks Johan :)
Yes i agree with you if this is wave to the upside then first wave of that 3rd wave should have taken the price close to 1.106(where wave 1 ended) i believe its heading to 1.056---1.058 to complete wave 2 then head up
Nice chart!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out