This ascending triangle has formed on the EURUSD chart.
A break out through the resistance looks like it has happened.
Now just to wait for the retest.
SL will be just under the resistance and TP will be the length of the largest point of the triangle.
Although we may take some profit before that happens to to guaranty our self some pips.
Ignore the arrows, that was my previous plan if price acted differently.
Stay tuned.
A break out through the resistance looks like it has happened.
Now just to wait for the retest.
SL will be just under the resistance and TP will be the length of the largest point of the triangle.
Although we may take some profit before that happens to to guaranty our self some pips.
Ignore the arrows, that was my previous plan if price acted differently.
Stay tuned.