Update to my previous post: added 2 channels, adjusted SL and added extra targets for possible trades.
Possible trades are on the chart, 3 targets per side, depending on the direction in which PA breaks out of the triangle.
I will not enter the first breakout unless it is very clear because I suspect it might be false, I will wait for a confirmed second breakout and might adjust my SL depending on PA.
If the current triangle is ignored by PA the setup is invalid and I will adjust for a potential ascending triangle scenario if applicable.
I will try to confirm trades with harmonic patterns, but have no time for that at the moment.
Wish me luck! Good trading to all!
Possible trades are on the chart, 3 targets per side, depending on the direction in which PA breaks out of the triangle.
I will not enter the first breakout unless it is very clear because I suspect it might be false, I will wait for a confirmed second breakout and might adjust my SL depending on PA.
If the current triangle is ignored by PA the setup is invalid and I will adjust for a potential ascending triangle scenario if applicable.
I will try to confirm trades with harmonic patterns, but have no time for that at the moment.
Wish me luck! Good trading to all!
