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Ascending Triangle on QTUMUSD
Long
Ascending Triangle on QTUMUSD
By somokey
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Updated
Jan 1, 2018
2
Dec 26, 2017
Though it's too early to buy, we should notice the hourly chart on QTUMUSD is forming ascending triangle.
Wait for a strong breakout with high volume and buy after confirming a bounce at 50.9 level.
The target is previous high 73.15.
Jan 1, 2018
Trade active
It had a breakout, and now pullback is forming.
It's time to buy. The target is still 73.15 and put stop loss at 45.
Jan 3, 2018
Trade closed manually
Not interesting. Stopped with little profit.
Trend Analysis
somokey
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