We are in an mayor Uptrend, so its ok to trade its an Up-breakout. Pattern formed after a minor downtrend Second bottom is little bit upper than first, so chances increase. Measure rule from the HH to LL of the pattern. Transfer that measure from the breakout point and above. We see the pattern when it broke and come back inside the pattern, so we set a pending order to buy if price reach the neckline. SL in the second bottom. TP2 set using measure as explain above TP1 is 50% TP2 Once price reach TP1 we move SL to 40 % (10% below TP1)
交易進行
SL moved to the next higher low in case trade go wrong as it seems price is reaching a resistance with a double top and can bounce back.
交易進行
TP1 HIT SL moved to 40% Profit - 2.01575
交易結束:目標達成
Price decrease after hitting TP1 and reached our new SL - 2.01575.