Euro / U.S. Dollar
Updated

Breakout scenario: Triagle on EURUSD daily

67
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.
Note
Please ignore the RSI on this idea. I just forgot to take it out.
Trade closed manually

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