EUR/CAD Descending Triangle D1
Sell on a daily close below the triangle. When the target of 1 ATR is hit, take 1/2 off and set the stop on the remainder to breakeven. Follow stops until the market takes you out. Initial Stop Loss is 1.5ATR. If a daily candle closes back in the triangle after you enter, close for a loss without waiting for it to hit the SL.
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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.