1. Wait for a breakout from the triangle, the breakout will be confirmed with 1H or even better 4H candle close above the triangle upper trendline
2. Wait for a break above the counter trendline(s), the breakout will be confirmed with 1H or even better 4H candle close above the counter trendline(s)
The target area is really powerful so, take your profits there IF the price reaches into the area ;)
"Trading is not about being right or wrong. It’s a probability game."
– Mark Douglas
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice week,
Cheers!
*This information is not a recommendation to go "LONG" or "SHORT", it is mostly used for educational purposes only!
2. Wait for a break above the counter trendline(s), the breakout will be confirmed with 1H or even better 4H candle close above the counter trendline(s)
The target area is really powerful so, take your profits there IF the price reaches into the area ;)
"Trading is not about being right or wrong. It’s a probability game."
– Mark Douglas
Feel free to support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice week,
Cheers!
*This information is not a recommendation to go "LONG" or "SHORT", it is mostly used for educational purposes only!
Note
Triangle breakout has occurred:
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.