I. Analysis
1. Ascending triangle being formed, with resistance tested twice and tendency line three times and held
2. Price should have swung lower after the first and second resistance touches for a short bias. This tells us that the buyer are willing to support the price at increasingly higher areas. This is agood sign that an upper breakout might be coming
II. Trade
1. Wait for breakout and closure above resistance to enter the trade - enter following candle
2. Sl 1 ATR below resistance
3. Tp next swing high
Cheers
Ruben
1. Ascending triangle being formed, with resistance tested twice and tendency line three times and held
2. Price should have swung lower after the first and second resistance touches for a short bias. This tells us that the buyer are willing to support the price at increasingly higher areas. This is agood sign that an upper breakout might be coming
II. Trade
1. Wait for breakout and closure above resistance to enter the trade - enter following candle
2. Sl 1 ATR below resistance
3. Tp next swing high
Cheers
Ruben
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.