Here im basing myself on the theory of third quarter triangle breakout strategy, in where a triangle breaks out in the third quarter of a trend and this gives quite reliable trade entries.
I'm getting into this now because of the formation of the squeeze to the positive with good adx and the obvious triangle along with the W formation as double botton.
I'm getting into this now because of the formation of the squeeze to the positive with good adx and the obvious triangle along with the W formation as double botton.
Trade closed: target reached
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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.