HOW TO TRADE THE ASCENDING TRIANGLE?
1. Wait for the price to breakout from the inside of the triangle.
2. Enter the trade when price retest the breakout level.
3. Set your Stop-Loss below the last Lower Low of the market structure.
4. Set target to be equal with the distance from A to B.
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1. Wait for the price to breakout from the inside of the triangle.
2. Enter the trade when price retest the breakout level.
3. Set your Stop-Loss below the last Lower Low of the market structure.
4. Set target to be equal with the distance from A to B.
This tutorial contains educational material.
Please hit the LIKE button to support me!
FOLLOW ME if you liked this post and want to see more educational post and trading ideas.
Thank you!
The above references an opinion and is for information purposes only. It is not intended to be investment advice.