Looking at trade setup of ascending triangle with upside break out potential.
Determined TP and SL via 1 time frame higher setup. Which is at 60.262 and 52.061.
Taking into consideration of psychological level to be taking profit 5 pip before 60.000
and SL at 51.95 5 pips below 52 level.
In order to maximize trading edge, limit order is place at lower end of triangle to buy low sell high.
Determined TP and SL via 1 time frame higher setup. Which is at 60.262 and 52.061.
Taking into consideration of psychological level to be taking profit 5 pip before 60.000
and SL at 51.95 5 pips below 52 level.
In order to maximize trading edge, limit order is place at lower end of triangle to buy low sell high.
