Watch price action at bottom of triangle for long. Price may break the flat bottom thus creating an expanding formation
Safe entry:
Wait for price to create a reversal pattern near the bottom - Some sort of price action where you can draw a descending trendline on the lower time frames. Enter on breakout of trendline
Safe entry:
Wait for price to create a reversal pattern near the bottom - Some sort of price action where you can draw a descending trendline on the lower time frames. Enter on breakout of trendline
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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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.