Setup: Place Trade when price breaks out of the Symmetrical Triangle....1252 pip move
I calculated the Symmetrical Triangle (high 1.0657)- (low 0.9405)=0.1252 .... thats 1252 pip move when price breaks out of the triangle. Trading tip: Be sure if you trade on the weekly chart that you have enough margin in your account to handle drawdowns..i will try to add a one day chart or 4 hour chart link to this article for better margin trading for this symmetrical triangle. .
Video tips on Trading Symmetrical Triangles and how to place Target and stop https://outs.http://www.informedtrades.com/3573-learn-trade-triangle-chart-patterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support
I calculated the Symmetrical Triangle (high 1.0657)- (low 0.9405)=0.1252 .... thats 1252 pip move when price breaks out of the triangle. Trading tip: Be sure if you trade on the weekly chart that you have enough margin in your account to handle drawdowns..i will try to add a one day chart or 4 hour chart link to this article for better margin trading for this symmetrical triangle. .
Video tips on Trading Symmetrical Triangles and how to place Target and stop https://outs.http://www.informedtrades.com/3573-learn-trade-triangle-chart-patterns-part-2-a.html
Please follow my charts at this link by clicking on the follow tab tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support
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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.