Setup: EUR/USD Trade when price breaks out of the Symmetrical Triangle.....Please Note : there has been false break outs of this symmetrical triangle as you can see on the charts..wait for a clear/soild break out... 798 pip move..
I calculated ( high of Symmetrical Triangle 1.3552)-(bottom of Symmetrical Triangle1.2754) = 0.0798
I think divergence created this symmetrical triangle. Trading tip: Be sure you have enough trading margin (money) for drawdowns to reach target if you trade the weekly charts...I will try to add more information when there is a sold break out of the symmetrical triangle
See video on how to set profit target and stop out www.informedtrades.c...tterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab www.tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support
I calculated ( high of Symmetrical Triangle 1.3552)-(bottom of Symmetrical Triangle1.2754) = 0.0798
I think divergence created this symmetrical triangle. Trading tip: Be sure you have enough trading margin (money) for drawdowns to reach target if you trade the weekly charts...I will try to add more information when there is a sold break out of the symmetrical triangle
See video on how to set profit target and stop out www.informedtrades.c...tterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab www.tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support