EUR/USD - H1 - Triangle Formation

Euro Fx/U.S. DollarFXCM

Description

⋅ Apr 20, 2023 3:35 AM

EUR/USD - H1 - Triangle Formation

1. Price need to break Triangle and then Retest
2. Breakout with High Volume gives Good Movement

Pattern Valid for 48 Hours

Comment

⋅ Apr 23, 2023 9:59 AM

Trade active

⋅ Apr 23, 2023 10:00 AM

1. Triangle Breakout in H1 Chart
2. Bullish Engulfing Candle H4 Chart

3. Good Idea to Buy Now

Comments

basictradingtv

⋅ Apr 20, 2023 10:35 AM

Thanks a lot for the analysis buddy!

KABHI_FOREX_TRADING

⋅ Apr 21, 2023 10:57 AM

@basictradingtv, Thank you bro

FirstNameHelen

⋅ Apr 24, 2023 12:07 PM

Nice one dear , thanks for sharing !

YourLazyTrader

⋅ Apr 24, 2023 7:29 AM

Nice chart work, very helpful :)

WalterMoon

⋅ Apr 23, 2023 12:04 PM

Nice EURUSD explanation mate

pejman_zwin

⋅ Apr 21, 2023 10:01 AM

Exact trend📈

KABHI_FOREX_TRADING

⋅ Apr 22, 2023 3:11 AM

@pejman_zwin, Thank you

P_S_trade

⋅ Apr 20, 2023 7:12 AM

Thanks for sharing your vision

KABHI_FOREX_TRADING

⋅ Apr 20, 2023 7:20 AM

@P_S_trade, Thank you

SpartaBTC

⋅ Apr 20, 2023 6:51 AM

Yes, you are right, a symmetrical triangle has formed, which means the price can move in either direction with a 50/50 probability. Hence, we have to wait for a breakout and development of the dominant trend.