Taking a calculated risk here.
Assumption: This is a backtest of the breakout above resistance. Start of the W-C up should be in place shortly. Taking trade with 2x Lev to upper end of resistance channel.
Stop loss: Once the triangle support is broken.
Assumption: This is a backtest of the breakout above resistance. Start of the W-C up should be in place shortly. Taking trade with 2x Lev to upper end of resistance channel.
Stop loss: Once the triangle support is broken.
Trade closed: target reached
Note
C-wave and resistance right above. :popcorn:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.