parallel channel pattern-
take entry at bottom with small stop loss.
most of traders take trade at breakout of channel pattern but it gives low risk reward ratio. so we should take trade at bottom of channel pattern.
By taking entry at bottom we can expect huge risk reward.
NOTE-;
IN channel pattern always trying to take entry when price hit bottom of channel with a engulfing green candle around 3%
This learning from my back tested data
Follow me for more learning with potential swing trade
thanks for reading
take entry at bottom with small stop loss.
most of traders take trade at breakout of channel pattern but it gives low risk reward ratio. so we should take trade at bottom of channel pattern.
By taking entry at bottom we can expect huge risk reward.
NOTE-;
IN channel pattern always trying to take entry when price hit bottom of channel with a engulfing green candle around 3%
This learning from my back tested data
Follow me for more learning with potential swing trade
thanks for reading
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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.