Breakout From both sides can be a signal. Simple and Strong
simple and strong.
I try to see the market simple and it works. i made this position and i have my own sl and tp. you can adjust it yourself but i will tell my followers when i closed the position. Comment me If you like to see SL and TP levels Also.
A Strong Triangle and Also a Trend Channel. Lets see what happens.You can see more explanation in my youtube channel: Trading Course With Majid Rahimi
The Rectangle is now revised again and it is going on its way. we can consider our trend as sideways now.You can see more explanation in my youtube channel: Trading Course With Majid Rahimi
It is Possible For Price to Go Up Or Down in Strong Breakout in both sides.
In this Chart of Forex Market as You can see There is possible Descending Triangle. This triangle is about to complete if a minor rise occurs and then the price fall out of triangle. The possible target is also shown in the picture. watch it closely. New Updates will come for this idea in tradingview.
This is a completed Descending triangle in Forex market in GBPUSD pair. It is maybe late for most of the traders to do anything with this pattern right now. Maybe after a pullback it becomes more reasonable to trade on this pair. But for educational purposes you can just follow the direction of price movement in this chart. updates are coming in tradingview.