.price is consolidating near counter trendline , so we can expect a potential breakout this week
.I have back tested these types of pattern & got accuracy around 65-70% with RR ratio not less than 1;2
.Entry possible when engulfing candle near counter trendline.
Three targets are mention in chart, gain accordingly
Happy trading
.I have back tested these types of pattern & got accuracy around 65-70% with RR ratio not less than 1;2
.Entry possible when engulfing candle near counter trendline.
Three targets are mention in chart, gain accordingly
Happy trading
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Pattern breakdown side ... no trade entry