Huge expanded triangle pattern on the Euro and expecting the bears to come storming in not only at that upper trend line but the 1.62% fib extension level that sits there as well. Looking for the Euro to get smoked right back down to 1.2900 - 1.2800 levels.
Trade closed: target reached
Target hit at the 1.2900 - 1.2800 level. (Patience was the key in this trade).
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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.