EURGBP: Triangle
Atualizado
A lovely triangle squeeze here. Patience needed as these types of pattern last till the very end. Manage your risk properly, smaller size and wider stoploss is most ideal here.
Enter on the re-test of breakout. If there isn't any, trade would be invalidated.
Enter on the re-test of breakout. If there isn't any, trade would be invalidated.
Nota
UPDATE: There wasn't any break of trendline so no trade was placed. Price is still squeezing higherNota
On H4, you could see bearish divergence. When it falls, usually it's a sharp and fast move to a fib level. So you might want to use that as a tool to help decide your TP & SL levels when this pair reverses
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.