#avax
AVAX
Lets straight into 4h chart ,
An ascending triangle pattern is a bullish continuation chart pattern .Two lines forming pattern which is a horizontal resistance line and a rising support trendline, indicating that buyers are gaining strength as they push the price higher while sellers are unable to break a consistent resistance level.
Trade set up Key Note :
Wait for a clear breakout above the horizontal resistance line.
wait for the confirmation with increasing trading volume .
Enter a long (buy) position after the breakout is confirmed.
Place a stop-loss below the most recent higher low or as your risk reward ratio.
Profit target is to measure the widest distance of the triangle ( beginning) .
Do Your Own Research , #nfa
Lets straight into 4h chart ,
An ascending triangle pattern is a bullish continuation chart pattern .Two lines forming pattern which is a horizontal resistance line and a rising support trendline, indicating that buyers are gaining strength as they push the price higher while sellers are unable to break a consistent resistance level.
Trade set up Key Note :
Wait for a clear breakout above the horizontal resistance line.
wait for the confirmation with increasing trading volume .
Enter a long (buy) position after the breakout is confirmed.
Place a stop-loss below the most recent higher low or as your risk reward ratio.
Profit target is to measure the widest distance of the triangle ( beginning) .
Do Your Own Research , #nfa
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.