Ascending triangle pattern | Accumulation zone

2023년 7월 14일

Hi traders,

Ascending triangle pattern in Weekly timeframe.
The current market is at Weekly support, if a 4H candle closes above 82.1400 can expect a bulls in the market.

The risk : reward ratio is 1:3 which is a good trade.

Fed meeting is on 26 July 2023, and expected to raise the interest rates by 0.25.

2023년 7월 14일

액티브 트레이드

4H candle has closed above 82.1400

2023년 8월 2일

노트

CMP is 82.7750 , about to hit the target 82.8120

2023년 8월 3일

노트

close the position if the 4H candle closes below 82.6400,

Reason :: If a 4H candle closes below 82.6400 the market can go down for a correction. So better to close the position and re-enter later.

2023년 8월 4일

거래청산: 타겟 닿음

:-)