Ascending triangle is forming on daily time frame at ETHUSDT.
Higher chance to break to the upside.
Wait until the breakout from the chart pattern happens.
Option 1 : High Risk
Enter immediately after the breakout happens
Option 2 : Less Risk
Enter after the retest of the resistance line is finished and then go LONG with the sign of a BULLISH REVERSAL CANDLE.
Plan your trades, trade your plans.
and good luck...
For detailed information about ascending triangle strategy please feel free to read the article from Rayner:
www.tradingwithrayne...angle-chart-pattern/
Higher chance to break to the upside.
Wait until the breakout from the chart pattern happens.
Option 1 : High Risk
Enter immediately after the breakout happens
Option 2 : Less Risk
Enter after the retest of the resistance line is finished and then go LONG with the sign of a BULLISH REVERSAL CANDLE.
Plan your trades, trade your plans.
and good luck...
For detailed information about ascending triangle strategy please feel free to read the article from Rayner:
www.tradingwithrayne...angle-chart-pattern/