Rectanglepatterns
EURJPY Entry 124.292 Exit 122.517 Stop Loss 124.792EURJPY Entry 124.292 Exit 122.517 Stop Loss 124.792
Risk 50 Pips
Reward 177.5 Pips
R Multiple 3.55R
Risk $1000.00
Lotsize 2.111 (211,104)
Pip Value $9.4740
Risk $100.00
Lotsize 0.2111 (21,110)
Pip Value $0.94740
Risk $10.00
Lotsize 0.02 (2,111)
Pip Value $0.094740
How To Draw And Trade With Rectangle Pattern Educational Welcome Traders >> We Have Here Educational Lesson To How To Trade With
$RECTANGLE_PATTERN
💠 Sell Pattern 💠
1- Draw The Channel
2- Waiting For Break Out Down And Test To Entry
3- Set Stop Lose At Middle Of The Rectangle
4- Set Take Profit Double Stop Lose ( Example : Sl 30 Pips : Target 60 Pips )
💠 BUY Pattern 💠
1- Draw The Channel
2- Waiting For Break Out Up And Test To Entry
3- Set Stop Lose At Middle Of The Rectangle
4- Set Take Profit Double Stop Lose ( Example : Sl 30 Pips : Target 60 Pips )
🌐🌐🌐 Tips 🌐🌐🌐
1- Best Pairs (Slow Pairs)
2- Best Frame ( 15M & 1H & 4H & 1D)
3- Best Time To Trade ( 7 AM To 3 PM GMT )
Thanks For Your Read ♥️
$INFU Forming 3 Months #Rectangle #Consolidation #ChartPatternAMEX:INFU been consolidating for 3 months forming a well defined 3 months rectangle chart pattern. the chart pattern is forming right below ATH at $13.25. Once cleared, the breakout should make a run to price pattern target identified on the chart.
#Visa forming 2 months #Rectangle consolidation #ChartPatternVisa forming 2 months well defined continuation rectangle chart pattern setup. Earnings on deck tomorrow so the breakout might not happen until then. Watch price action after the report and for a close above upper boundary on daily basis for a signal the next leg up is starting.
Keep it Simple!
FTS Long Entry anticipating a #rectangle #chartpattern #breakoutBought some FTS on Friday. Interesting setup inside the rectangle pattern. price tested upper boudrey resistance and pull back into 4 support areas conversing. 20 EMA, 200 EMA and small daily gap on July 15th AND short term breakout pullback! Worth a shot. I normally wait for the breakout but this one is interesting to watch how it will play out.
LULU - Breakout$LULU
Flag and rectangle breakout.
I will place a buy above rectangle box around 326 for a 25 $ move minimum being height of box.
If results are good during this move then flag target possible. Another 50 to 25 $
on the whole a good setup.
Also check out ABT. similar looking chart setup.
NZD/JPY Price Action Pattern OPPORTUNITY!Hello Everyone!
Here we have rectangle pattern with fake brake outs. Again, we have two opportunities for both long&Short positioning.
Please be sure, after breaking out pattern, we need more confirmation to take positioning whether up or down side.
Please note that the ideas are not a recommendation for trading
!Good Luck!