This strategy use Fibonacci and breakout system , support/resistance to find the best zones to enter and exit the market.
Triangles are drawn to define areas where the price will usually remains when buyers and sellers agrees on the price.
Buying at the bottom and selling at the top is a good idea but these are not the best entries and too risk.
You'll have better odds of a successful trade when buying or selling the breakout of that triangle.
Note :
This is my own trading plan, be your own trader
I could be wrong, and could be right.
You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, etc
Triangles are drawn to define areas where the price will usually remains when buyers and sellers agrees on the price.
Buying at the bottom and selling at the top is a good idea but these are not the best entries and too risk.
You'll have better odds of a successful trade when buying or selling the breakout of that triangle.
Note :
This is my own trading plan, be your own trader
I could be wrong, and could be right.
You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, etc
Comment:
ooops... unexpected, sunday opening gap.
