This triangle formation has higher possibility to break the upside than the downside.
Look for a long if break. Be ready to close for a small loss if gets be down as a false break out.
If break the top, it will hit 1.0720 first than even higher (another 100 Pips) from there.
Look for a long if break. Be ready to close for a small loss if gets be down as a false break out.
If break the top, it will hit 1.0720 first than even higher (another 100 Pips) from there.
Note
Got in at 1.0609, SL 1.0595Trade closed manually
Closed at 1.0656
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.