Ascending triangle pattern | Accumulation zone
已更新
Hi traders,
Ascending triangle pattern in Weekly timeframe.
The current market is at Weekly support, if a 4H candle closes above 82.1400 can expect a bulls in the market.
The risk : reward ratio is 1:3 which is a good trade.
Fed meeting is on 26 July 2023, and expected to raise the interest rates by 0.25.
Ascending triangle pattern in Weekly timeframe.
The current market is at Weekly support, if a 4H candle closes above 82.1400 can expect a bulls in the market.
The risk : reward ratio is 1:3 which is a good trade.
Fed meeting is on 26 July 2023, and expected to raise the interest rates by 0.25.
交易开始
4H candle has closed above 82.1400注释
CMP is 82.7750 , about to hit the target 82.8120注释
close the position if the 4H candle closes below 82.6400, Reason :: If a 4H candle closes below 82.6400 the market can go down for a correction. So better to close the position and re-enter later.
交易结束：到达目标
:-)
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