This symmetrical triangle pattern on the daily chart of XAU/USD is a chance to go long in case of an upward breakout. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My potential exit level is shown with the green line. I will set the stop-loss order to the low of the breakout bar (not shown).
More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/co...ymmetrical-triangle/
More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/co...ymmetrical-triangle/
Order avbruten:
Lower border broken - pending orders cancelled.
You can find useful tools to detect, build, and trade chart patterns - all completely free on www.earnforex.com.