Trading this pattern is easy:
1) wait for the price to reach the triangle support, if it touches or closes candles below the support but within the cloud it's ok;
2) check 15min chart, if there's an uptrend on support enter the trade. To be more safe wait for a bounce back that will take candles inside the triangle;
3) if price can't break out the triangle exit the trade with +20%, if price breaks out you can aim for the target
as it works as support the cloud is a resistance as well so if price breaks out but is still inside the cloud it's not guardanteed it'll go over it. At 4h timeframe there's bullish DIV on MFI
1) wait for the price to reach the triangle support, if it touches or closes candles below the support but within the cloud it's ok;
2) check 15min chart, if there's an uptrend on support enter the trade. To be more safe wait for a bounce back that will take candles inside the triangle;
3) if price can't break out the triangle exit the trade with +20%, if price breaks out you can aim for the target
as it works as support the cloud is a resistance as well so if price breaks out but is still inside the cloud it's not guardanteed it'll go over it. At 4h timeframe there's bullish DIV on MFI