-Strong previous resistance
-Will wait for confirmation of a reversal (e.g. engulfing candle or doji followed by a lower close).
-My target is set at the next structure support level.
-I will set my stop just outside the triangle pattern.
-Attractive risk/reward ratio
-Will wait for confirmation of a reversal (e.g. engulfing candle or doji followed by a lower close).
-My target is set at the next structure support level.
-I will set my stop just outside the triangle pattern.
-Attractive risk/reward ratio
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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.