Breakout scenario: Triagle on EURUSD daily
Updated
Hello world,
as shown we are facing a (almost) symmetrical triangle on EURUSD.
I personally mark this as well as breakout patterns in general as a high risk trade.
All the best,
c4ss10p314
EDIT: Please ignore the shown RSI for this idea. Forgot to take it out.
as shown we are facing a (almost) symmetrical triangle on EURUSD.
- breakout scenario because of symmetrical triangle
- lower volume through possible indecisiveness of market
- defined upper and lower bound
I personally mark this as well as breakout patterns in general as a high risk trade.
All the best,
c4ss10p314
EDIT: Please ignore the shown RSI for this idea. Forgot to take it out.
Note
Please ignore the RSI on this idea. I just forgot to take it out.Trade closed manually
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