Price action and chart pattern trading setup:
> A possible symmetrical triangle 4-wave breakout now a C-wave uptrend resistance SMMA50W - +25-30% upside triangle target (RECOMMEND SHORT ENTRY POSITION)
> Entry @ A pullback trade entry could be possible at EMA10W support
> Stoploss @ lower support B position -15% downside
> Risk reward ratio: 2.5:1
Always trade with affordable risk and respect your stoploss, nothing 100%!
> A possible symmetrical triangle 4-wave breakout now a C-wave uptrend resistance SMMA50W - +25-30% upside triangle target (RECOMMEND SHORT ENTRY POSITION)
> Entry @ A pullback trade entry could be possible at EMA10W support
> Stoploss @ lower support B position -15% downside
> Risk reward ratio: 2.5:1
Always trade with affordable risk and respect your stoploss, nothing 100%!