-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