Symmetrical Triangle on AUD/JPY @ D1
The symmetrical triangle pattern on daily chart of AUD/JPY presents a possibility for a bullish breakout. The pattern's top and bottom borders are shown with the yellow lines. My potential entry level is marked with the cyan line. My potential exit level is the green line. Stop-loss is to be set to the low of the breakout bar (not shown).
More information, chart template, and a free expert advisor to automatically trade this pattern - on earnforex.com/blog/audjpy-symmetrical-triangle-after-short-term-uptrend/
More information, chart template, and a free expert advisor to automatically trade this pattern - on earnforex.com/blog/audjpy-symmetrical-triangle-after-short-term-uptrend/
Trade active
Entered Buy @ 85.718 at 00:20 UTC today.Trade closed: stop reached
Stop-loss was hit today at 3:54 UTC.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.