If we dont manage to make it to the bottom of the Triangle the next entry point is a confirmed breakout above the top of the Triangle or the latest high. I usually use a trailing stop/loss under the higher lows if we make higher highs.
Let see how this will develop. If we make it to the bottom our R:R Ratio is way better.
Let see how this will develop. If we make it to the bottom our R:R Ratio is way better.