Hey Guys..
I dont get it..is this Triangle forming because of low volume and because no one trades anymore..
Or, is this a typical flag after good upwards move?
...
i think the second.
So the triangle will end soon..i think somewhen when we all wake up again. After a Triangle is always long move predicted.
So what we do when we wake up and read it?
1. If the Triangle is upwards broken, we go long till we get to the 1.Resistance area..there we close our position.
=> We will be pulled back from the 1. Resistance Area!
2. If we get it trough the 1. Res. Area, we go long..and have very much free upwards space to the next resistance.
I am too lazy to create entry Orders right now..i hope i wont be too late when i wake up..
Good night guys..thanks for Reading and please Follow me! :)
I dont get it..is this Triangle forming because of low volume and because no one trades anymore..
Or, is this a typical flag after good upwards move?
...
i think the second.
So the triangle will end soon..i think somewhen when we all wake up again. After a Triangle is always long move predicted.
So what we do when we wake up and read it?
1. If the Triangle is upwards broken, we go long till we get to the 1.Resistance area..there we close our position.
=> We will be pulled back from the 1. Resistance Area!
2. If we get it trough the 1. Res. Area, we go long..and have very much free upwards space to the next resistance.
I am too lazy to create entry Orders right now..i hope i wont be too late when i wake up..
Good night guys..thanks for Reading and please Follow me! :)