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AndriyMoraru
Sep 29, 2015 8:00 AM

Symmetrical Triangle on USD/RUB @ D1 Long

U.S. DOLLAR / RUSSIAN RUBLEICE

Description

The symmetrical triangle pattern on D1 chart of USD/RUB provides an opportunity for a bullish breakout. The pattern's borders are yellow lines. My potential entry level - cyan line. My potential exit level - green line, or gray line if I am feeling too conservative. Stop-loss is to be set on the low of the breakout bar (not shown).

More information, chart template, and free EA to automatically trade this pattern - on earnforex.com/blog/usdrub-to-break-out-from-symmetrical-triangle/

Comment

Stop-loss reached 30 minutes ago. Looks like fundamental factors overwhelmed the technical ones.
Comments
AndriyMoraru
The buy trade has just triggered.
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