What we have here is a symmetrical triangle. we maybe super lucky and
have 2 long opportunities.
The first long would be when price drops to the lower trendline of the pattern.
long there if price makes it with minimum risk. ALWAYS USE STOP LOSS.
the second entry would be the breakout of the pattern. but we buy (BCR)
BREAKOUT,CLOSE,RE TEST. WE BUY THE RETEST OF THE BREAKOUT, in case its a fake out we take on minimum risk.
so there's the strategy. trade safe.
have 2 long opportunities.
The first long would be when price drops to the lower trendline of the pattern.
long there if price makes it with minimum risk. ALWAYS USE STOP LOSS.
the second entry would be the breakout of the pattern. but we buy (BCR)
BREAKOUT,CLOSE,RE TEST. WE BUY THE RETEST OF THE BREAKOUT, in case its a fake out we take on minimum risk.
so there's the strategy. trade safe.
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