Breakout scenario: Triagle on EURUSD daily

20 avr. 2020

Hello world,

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.

20 avr. 2020

Note

Please ignore the RSI on this idea. I just forgot to take it out.

27 avr. 2020

Trade fermée manuellement