Long

Oh My God, I'm going to break!

Updated
Tracking triangle breakout. BUY STOP-LIMIT @ last local high. SL last local low. TP is height of the triangle projected from triangle breakpoint. Invalidated when the SL level is hit, even if the BUY-STOP LIMIT is not filled before. If you don't catch the initial breakout, don't FOMO! Just set the BUY LIMIT, chill and wait for pullback. ;-) It comes often. Then just set SL&TP and forget (don't even trail the SL, or set at breakeven), let the trade breathe. Cheers!
Trade active
Order filled. Let's drink some beer, while the market does it's work. :-) If you are in and have SL&TP in place, you are basically done with this trade!
Trade closed: stop reached
SL hit. I think it could be just headfake, so I will monitor price action closely, and will go long later if I see any signal.
breakouthvfOMGomgusdtomisegoTrend AnalysisTriangle

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