exploration

Symmetrical Triangle Strategy USD/CAD ... 1252 pip move

FX:USDCAD   U.S. Dollar/Canadian Dollar
278 0 0
Setup: Place Trade when price breaks out of the Symmetrical Triangle....1252 pip move
I calculated the Symmetrical Triangle (high 1.0657)- (low 0.9405)=0.1252 .... thats 1252 pip move when price breaks out of the triangle. Trading tip: Be sure if you trade on the weekly chart that you have enough margin in your account to handle drawdowns..i will try to add a one day chart or 4 hour chart link to this article for better margin trading for this symmetrical triangle. .

Video tips on Trading Symmetrical Triangles and how to place Target and stop outs.http://www.informedtrades.com/3573-learn-trade-triangle-chart-patterns-part-2-a.html

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