EURUSD Triangle Breakout And Short Opportunity
Description of The Pattern: EURUSD is printing a triangle pattern on the M30 Chart Timeframe. The pair broke down the triangle.
Time Frame: M30
Trade Period: Scalping/Intraday
The trend in the Timeframe: Neutral
The trend in the Daily Chart: Bearish
Trade Based On Triangle Breakout
Recommended Lot Size: 0.10 at 10K
The Area Of The Entry: 1.14400
Stop Loss: 1.14700
Target 1: 1.1428
Target 2: 1.14130
Target 3: 1.13900 / Target Reached & Trade Closed
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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money
EURUSD Triangle Pattern: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.