Descending triangle is an indicator of a continuation pattern during a downward trend.
1.Buy the clear break below the lower support
or
2. Buy the clear break and retest of lower support on a smaller time frame
Target marked in green
1.Buy the clear break below the lower support
or
2. Buy the clear break and retest of lower support on a smaller time frame
Target marked in green
Trade active
On our way to the targetNote
50% of trade closed at 173.00 - right before target.Holding remaining position with a tight trailing stop.
Trade closed: target reached
Targets reached and trade closed24% Profit on this trade
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.