Euro / Norwegian Krone
Updated

TRIANGLE PATTERN

74
We have a triangle pattern on 4hr time frame in development

There are a two possible scenarios: bullish and bearish.

My favourite view is we will have a move to upside as there is a monthly trendline I have marked as magneta color.

Wait for breakout first and enter trade with target as on chart.

Structure might change still as triangles develope long time often.

I will post update.
Note
snapshot
Note
Structure has change slightly.
Note
Pattern still valid
Trade closed: target reached

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