we have a consolidation pattern here, a clear triangle. Usually we break up but theres NO guarantee with this pattern. To be safe and keep emotions out, I think this is the best way to play this.
pretty self explanatory. If we break up, long... If we break down, short.
It's obvious but a lot of people including myself get stuck trading in the middle of these patterns and sometimes we trade it before the pattern develops so we have no clue the pattern is forming. Patience is a virtue.
pretty self explanatory. If we break up, long... If we break down, short.
It's obvious but a lot of people including myself get stuck trading in the middle of these patterns and sometimes we trade it before the pattern develops so we have no clue the pattern is forming. Patience is a virtue.
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