EURGB[-1HR-TF- DESCENDING TRIANGLE

28 mar 2023

A descending triangle is a chart pattern used in technical analysis created by drawing one trend line connecting a series of lower highs and a second horizontal trend line connecting a series of lows. No sign of divergence so, we can easily rely on continuation pattren. Dow theory and reversal pattren will not play their role.

SELL STOP VALUES:

EP: 0.87748
SL: 0.88046

TP1 = 0.87450
TP2 = 0.87152
RISK @ 2%

Sizing: 0.25 Lots