Analysis of EUR/USD on the 1 day chart
Noticing the morning star showed that the trend was going to move in the upward direction. Then there was a series of lower highs and higher lows forming a symmetrical triangle, caused by consolidation in the market. The market can now either move in an upward or downward direction. You can place a one-cancel-other position. When the price reaches a certain price, the other entry price will be cancelled.
Stop loss= 100 pips +/- entry price
Target=1.15 or 1.09
Stop loss= 100 pips +/- entry price
Target=1.15 or 1.09
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