Setup: Place Trade when price breaks out of the Symmetrical Triangle....1252 pip move
I calculated the Symmetrical Triangle (high 1.0657)- (low 0.9405)=0.1252 .... thats 1252 pip move when price breaks out of the triangle. Trading tip: Be sure if you trade on the weekly chart that you have enough margin in your account to handle drawdowns..i will try to add a one day chart or 4 hour chart link to this article for better margin trading for this symmetrical triangle. .
Video tips on Trading Symmetrical Triangles and how to place Target and stop www.informedtrades.c...tterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab www.tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support
I calculated the Symmetrical Triangle (high 1.0657)- (low 0.9405)=0.1252 .... thats 1252 pip move when price breaks out of the triangle. Trading tip: Be sure if you trade on the weekly chart that you have enough margin in your account to handle drawdowns..i will try to add a one day chart or 4 hour chart link to this article for better margin trading for this symmetrical triangle. .
Video tips on Trading Symmetrical Triangles and how to place Target and stop www.informedtrades.c...tterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab www.tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support