Right now EURUSD hit support symetrical triangle, we can set buy long from here.
we have 2 target for this setup :
1. at symetrical triangle resistance
We can set our target at symetrical triangle resistance (160 pips), and wait for break out.
2. If EURUSD success break up this pattern, we can aim symetrical triangle projection at 1.2089
Open long : 1.1565 (at symetrical triangle support)
stoploss : 1.1481 (bellow head and shoulders neckline *at bearish trading plan)
target 1 : 1.1723 (at symetrical triangle resistance *160 pips)
Target 2 : 1.2089 (at symetrical triangle projection *535 pips)
Risk reward ratio : 6.86
For more detail about this setup, check our daily video analysis
we have 2 target for this setup :
1. at symetrical triangle resistance
We can set our target at symetrical triangle resistance (160 pips), and wait for break out.
2. If EURUSD success break up this pattern, we can aim symetrical triangle projection at 1.2089
Open long : 1.1565 (at symetrical triangle support)
stoploss : 1.1481 (bellow head and shoulders neckline *at bearish trading plan)
target 1 : 1.1723 (at symetrical triangle resistance *160 pips)
Target 2 : 1.2089 (at symetrical triangle projection *535 pips)
Risk reward ratio : 6.86
For more detail about this setup, check our daily video analysis