Crypto-Adda_Official

Floki Performed bullish symmetrical triangle in 1D

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BINANCE:FLOKIUSDT   FLOKI / TetherUS

`To trade a bullish symmetrical triangle, observe a consolidation pattern formed by converging trendlines with higher lows and lower highs. Wait for a breakout above the upper trendline accompanied by increased volume, signaling potential upward momentum. Enter a long position after the breakout, aiming for a price target approximately equal to the height of the triangle pattern. Use stop-loss orders to manage risk in case of a false breakout.`

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