Trade entry: after breaking the triangle's lower border .either with an entry
after confirming the breakout, or after a -possible- retest to the lower border's rate.
Take profit: identified by measuring the vertical distance from the first touch (1) to the
second touch (2), that measurement is then applied from the breakout point
Stop loss: can be the triangle's lower border that turned into suppor
after confirming the breakout, or after a -possible- retest to the lower border's rate.
Take profit: identified by measuring the vertical distance from the first touch (1) to the
second touch (2), that measurement is then applied from the breakout point
Stop loss: can be the triangle's lower border that turned into suppor
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.