After a downtrend has been broken up, we can see then price forming higher lows and eventually forming a triangle pattern. I have put the arrows to show if price breaks either sides of the triangle we will place trade according to the direction of the price. if price closes below then TPs will be the previous lows.
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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.