EURAUD- Symetric Triangle

2020年3月30日

EURAUD Symetric Triangle

• Symetric triangle after a high is reached. Change to downtrend.
  
• Triangle has 4 touches
  
• Clear break downwards
  
• Not great RRR but EMA's confirm breakout and downtrend.
  
• SL in the last high
  
• TP2 little bit less than the tipical triangle measure (highest - lowest point). Minus that measure to breakout point
  
• TP1 is 50% movement
  
• Once TP1 is reached, we move SL to 40% movement in profit.
  
• Lot of pips to SL but we use very low lot.
  
• Relatively falling volume make another clue for symmetric triangle pattern
  Release of high impact EUR Fundamental News tomorrow. Bad predicted numbers should bring down the pair

2020年4月7日

交易結束：目標達成

TP1 HIT. Moved SL and then hit also