logo
 

USDCHF: FAILED TO EXECUTE A PATTERN-BEARISH.

 

EURUSD: ON A POSSIBLE TRIANGLE THROWBACK-BULLISH.

    By the last month record, the pair EURUSD back to normal after the massive fall. The market printed an impulse at 1.15087 and turned the trend from downward. In 4hr time-scale the chart shows a mixed print and tends a triangle formation (shown in the graph). At 1.16764 the market emitted a power candle and break the triangle (shown in the graph). After the triangle breakout, the broke out point becomes a solid support base for the price range and forming a throwback setup (shown in the graph). As for now, the price range moving around 1.16932. The throwback setup gathering potential to print an impulse to climb top. By the record, I’m expecting the raise may up to the previous resistance point 1.17970. On the other hand, if the signals start to move in an opposite direction means, end the trade at last support before the break out point 1.16499. It won’t be a loss for you. HAVE A CLOSE LOOK ON THE CHART AND DECIDE YOUR TRADE. SIGNAL SPECIFICATION: Pair: EURUSD Order: BUY Entry: 1.16932 Take profit:1.17970 Stop loss:1.16499 Risk Vs Reward: 2.85 Our Unique Features: 1. Follow our 15 signals ….10% equity will increase in […]


WhatsApp chat