This pair seems to show a assending triangle which is a bilateral pattern. The currency can either shoot up or down as there is no clear indication. I usually keep my options open and open 2 after i see a breakout candle from the initial triagle.
** I'm a newbie trader and I welcome any feedback or comments on my analysis. Thank you in advance.
** I'm a newbie trader and I welcome any feedback or comments on my analysis. Thank you in advance.
Trade active
Trade is active, I have moved the SL to entry so we can ride a risk free tradeTrade closed: stop reached
Trade hit the stop loss at the entry level, I did not make a profit or loss on this trade.
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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.