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exploration
Nov 16, 2012 8:48 PM

Ascending Triangle Strategy NZD/USD 206 pip move Short

New Zealand Dollar/U.S. DollarFXCM

Description

Setup : Place a sell when a break out happens from the bottom... 206 pip move down.

Video tips on trading Triangle breakouts and how to place target and stop loss informedtrades.com/trades.php?page=freetradingcourses

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Comments
exploration
No breakout No sell happed No loss
exploration
I think the break out is only re-adjusting the angle of the triangle and that price will go back to a sell state
exploration
Update correction thta a decending triangle instead of a ascending triangle ...all the information for a sell is correct :) smiles and waves
exploration
There is a wedge inside of the Ascending triangle that may cause a lot of price movement...i think that price is going to follow the asceding triangle stategy and go down...tradingview.com/v/voBkfYgw/
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