gNnairdA

Ascending triangle reversal

Alış
FTX:SRMUSD   Serum
We are currently inside an ascending triangle . The way I like to trade this is along the trendline ,so I have already loaded some longs on 1.908. What's really great about this patterns is the low risk to reward it provides as becomes clear whhere it would become invalidated so you can move the SL along the trendline as this pattern matures. If it ends up breaking down, it's no big deal as the loss would be small and better yet the SL might already had been in profit. obviously if you are reading this now you'd want to either wait for another rejection along the trend line or a breakout then the retest of resistance after it break out.
This might test the trendline it had broken.

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.