Long
🔥 Potential Breakout: Uptrend Symmetrical Triangle or Wedge
I found symmetrical triangle in a 1H timeframe of BNBBIDR
2 High Lows
1 Low Highs
If the next LH is following the pattern, then the breakout will be the size
of the pattern height.
I place stop-limit pending order.
Hopefully, the market will pick me up, and bring me to the target 🚌🚌🚌🎯
If not, then no problem 😃👍
2 High Lows
1 Low Highs
If the next LH is following the pattern, then the breakout will be the size
of the pattern height.
I place stop-limit pending order.
Hopefully, the market will pick me up, and bring me to the target 🚌🚌🚌🎯
If not, then no problem 😃👍
Note
The pattern got invalidated and my order is picked up.Lesson learned:
1. Place trade only if see confirmation, don't rush setting the limit
2. Cut loss immediately if the pattern is invalidated, so i'm not depends on small probability
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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.