talalzebian

Triangular Breakout on EURUSD 1Hr Chart

Long
FX:EURUSD   Euro / U.S. Dollar
A nice breakout upwards out of a triangle after a down trend possibly shooting for targets equivalent to the base of the triangle (more than 100pips). My target had been slightly conservative due to the strong expected resistance at 1.24 as it is a Psychological number.

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