Symmetrical triangle on EUR/AUD @ H4
This symmetrical triangle on the 4-hour chart of EUR/AUD offers an opportunity to use upward breakout setup. The pattern's borders are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is at the green line. My optimal stop-loss is at the low of the breakout candle (not shown on the chart).
Order cancelled
The entry order has been removed as the currency pair invalidated the pattern.
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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.