USDTRY Symmetrical Triangle
Updated
Retested the triangle after a successful breakout. I'didn't shorted right after the retest because of some other possible triangle which might be developing. Now it seems ok to engage.
My take profit zone is the pivot below the triangle and the triangle's target under the zone.
My take profit zone is the pivot below the triangle and the triangle's target under the zone.
Trade closed: target reached
Target reached but still I'm bearish on this one. I expect at least to hit symmetrical triangle target and even 4.94- 4.77 zone.
Related publications
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.