Ascending Channel on EUR/USD @ D1
This chart shows an ascending channel pattern that has formed on the daily timeframe of EUR/USD following a long-term downtrend that had been active since July. It can now be used for a bearish breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The position of both lines is calculated based on the channel's width. The stop-loss isn't shown on the chart. It is to be set to the high of the breakout candle (or to the high of the preceding candle if the breakout one is trading mostly outside the channel).
Transaction en cours
Entered on breakout today at 11:16 UTC. Open = 1.05441, SL = 1.06748, TP = 1.04225 (TP is subject to daily updates).Trade fermée: ordre d’arrêt atteint
Stop-loss hit at 13:30 UTC today.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.