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EUR/USD has managed to form a descending triangle pattern during last 2 weeks and break out of it last Friday. The chart pattern was formed on the daily chart and is quite small (relatively to the breakout depth). The pattern should be quite strong as its bottom line was also a long-term end …

A somewhat rough symmetrical triangles pattern has formed on the D1 timeframe chart of the GBP/JPY currency pair. Considering the general bearish trend on this timeframe period, the pair has an elevated chance of breaking for a downtrend with a target somewhere close to 137.50. A signal would be a close below the lower border of the triangle with …

I’d like to share my today’s early trade with you. Slightly more than a month ago I’ve written about a symmetrical triangle pattern on CHF/JPY W1 chart. Last week the price have closed above the upper limit of the triangle, which signals a bullish breakout from the pattern. I entered …

More than 6 months have passed since I’ve updated expert advisors section with a new EA last time. So, today the new addition is ready to be downloaded by the traders. myPickyBreakout was inspired by test presented in the latest issue of the Currency Trader Magazine. It’s based on a simple breakout …