LINK / USD Formed an ascending triangle. Potential + 44%.
Updated
LINK / USD Formed an upward triangle. The price is in the corner. You don’t have to wait; soon everything is decided. In 90% of cases, the ascending triangle breaks up into growth. Designated a monitoring zone.
The potential for working out the figure is an ascending triangle + 44%
Entrance on a breakthrough or on a rollback after a break, depending on who has the strategy.
Stop loss at your discretion, I do not use them, as I do not need them, I trade online with the changer. Often I knock down someone else's stop loss before the movements, as everyone exposes "as the book writes."
Who uses stop loss - not the size of stop loss is important, but the entry point! It is important that you, from your entry point, have a potential profit of at least 3 times more for a potential loss.
With the correct entry into the transaction, as a rule, the size of stop loss is equal to zero! This must always be achieved! With the correct entry and when the price goes in the direction that is profitable for you, be sure to move your stop loss for the price, but take into account the volatility of the asset so that your stop loss does not drop out prematurely.
The potential for working out the figure is an ascending triangle + 44%
Entrance on a breakthrough or on a rollback after a break, depending on who has the strategy.
Stop loss at your discretion, I do not use them, as I do not need them, I trade online with the changer. Often I knock down someone else's stop loss before the movements, as everyone exposes "as the book writes."
Who uses stop loss - not the size of stop loss is important, but the entry point! It is important that you, from your entry point, have a potential profit of at least 3 times more for a potential loss.
With the correct entry into the transaction, as a rule, the size of stop loss is equal to zero! This must always be achieved! With the correct entry and when the price goes in the direction that is profitable for you, be sure to move your stop loss for the price, but take into account the volatility of the asset so that your stop loss does not drop out prematurely.
Note
Notice how on the LINK / USD chart before the “Rising Triangle” pattern formed, the “Dragon” formation worked well.Read more about this figure and working with it in this educational trading idea: Dragon Figure. Formation. Structure. Target.
Note
EDUCATION Simultaneously Figures Inverted Dragon and Dragon
Note
Note
After breaking through the triangle + 8%, there is a rollback of the price to support (the former resistance of the triangle).If support is sustained you can enter. It is better to enter when the upward movement from support has already begun.
Note
Note
Entrance only after confirmation of support on the volume.
Note
From the indicated zone + 11% there is volume.
Potential to the previously indicated resistance zone.
Trade closed: target reached
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