antusdt symmetrical triangle - 15.05.23

15 May 2023

BTCUSDT.P $BYBIT:ANTUSDT.P BTCUSD.P
symmetrical setups:
long the breakout, shot the breakdown
trades as provided

for a long:
breakout
retest
resistance flips support

for a short:
clear breakdown of the triangle
horizontal support flips resistance((retest)
start making lower lows

NB: short is highly unlikely(failsafe trade)

the chart is self explanatory, check out the related ideas link for a detailed explanation on how to trade symmetrical triangles.

Trade with due diligence.

18 May 2023

Not

developed into an ascending triangle, waiting for the breakout/down before entry