EURUSD TCP Breakout
Updated
Hello Traders!
Eurusd made a breakout of a Trend Continuation Pattern. Bears may still show a lot of resistance since this is a shorter term trend and can change at any moment, right now the odds that are in our favor is the huge R/R and the "textbook" T.C.P., but the structure the T.C.P. is in is not too promising..
Manage risk wisely as good size wins help grow account but big losses will destroy it.
Eurusd made a breakout of a Trend Continuation Pattern. Bears may still show a lot of resistance since this is a shorter term trend and can change at any moment, right now the odds that are in our favor is the huge R/R and the "textbook" T.C.P., but the structure the T.C.P. is in is not too promising..
Manage risk wisely as good size wins help grow account but big losses will destroy it.
Note
damn Exanding Patterns! SMHalways be prepared.
David K Giraldo
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