EURUSD trading plan for 04 feb

2020-02-04 14:52:48

Price is trading in short term triangle pattern , where upside is supported by ascending trendline , while retracing back to support it has been rejected multiple times by descending trendline , which together makes short term triangle pattern...

we would like wait for price to make breakout... our favoured direction is towards upside... so we can look to buy on break above triangle pattern.. where as in case of break below trendline wait for price to clear horizontal support zone..

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