Take profit: Projection on 1-4 Trend (in red)
Stop Loss: Below the Trend Line(once it is broked to down side our approach then is invalidate)
For conservative traders you may long the pair till the price cross 0.9890 (Ensuring the return of price inside the triangle).
This is my first Idea published here so it is a kind of test and see how my simple analysis will do.
Good Luck and Happy New Year to Everyone.
Stop Loss: Below the Trend Line(once it is broked to down side our approach then is invalidate)
For conservative traders you may long the pair till the price cross 0.9890 (Ensuring the return of price inside the triangle).
This is my first Idea published here so it is a kind of test and see how my simple analysis will do.
Good Luck and Happy New Year to Everyone.
Trade closed manually:
Nice trade without risk