EURCAD Contracting Triangle inside the Ascending Channel

2017년 3월 20일

Observation:
- Price Action reach the dynamic resistance of a contracting triangle
- Consolidation process followed by a break up

Analysis:
Breaking triangle contraction, price action will either hit dynamic support (if go for short) or hit dynamic resistance (if go for long)

2017년 3월 20일

노트

we wait until price breaks triangle contraction, then place order for higher prediction rate.

2017년 3월 27일

노트

Just break the channel,

I need to construct another higher slop this time for a new channel

2017년 4월 14일

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