Following the trend
In short, with the knowledge of the bias that follows a descending triangle pattern which requires one to short the market when such a pattern is seen in the chart
In both high and lower time frames, I was able to confirm that the pattern is formed in conjunction with the ATR and MA indicator used as confluence to verify my bias.
Basically, I couldn't obtain such a result without knowing the trend in the market.
In addition, waiting for a retest has always been paramount for me, so if you can notice in the chart there was a retest to the support level marked out which happened to be my entry point
In both high and lower time frames, I was able to confirm that the pattern is formed in conjunction with the ATR and MA indicator used as confluence to verify my bias.
Basically, I couldn't obtain such a result without knowing the trend in the market.
In addition, waiting for a retest has always been paramount for me, so if you can notice in the chart there was a retest to the support level marked out which happened to be my entry point
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.