Wait for the breakout...
In my system of trading, which is called "Boehme Logic" is every movement a part of movement that is bigger. I recongize only four formations - two UP - wedge and triangle, two DOWN - wedge and triangle. The system is based on logic of Supply and Demand, however, I will not describe it all now. If any formation got broken UPWARDS, there...
Here you go... A nice uptrend has appeared. Demand and supply are getting limited. OK - there will be a triangle (UP) or wedge (UP) - orange. Meant on the bigger - cca 4H or 6H - scale. On the other hand, there is a another smaller triangle, which has been probably estabilished - but it may become the red one wedge. If you want to open the position, just wait for...
There was a bearish pattern some time ago. Now it got broken. We can also see a nice triangle. Suggest to go long. However, wait for break-out. My Pure Price Action methods always show me the truth...
