////LIKE THE COMMENTS////
** To get my updates immediately, please make sure you follow me. Sometimes, I update my charts on old charts.
INSERT TEXT IN "GOOGLE TRANSLATE": https://translate.google.com/
Waiting for the breakout from the triangle in this SSB100 setup
The momentum out of the triangle is somewhat weak, but if you believe in it go for it as it is retesting the BO .. you can also choose to take a BO from the lows
ok .. this chart has achieved its objective.
If I place two pending orders (Long at 80.20 and Short at 78.40 would that be appropriate? I intend to cancel the other trade not filled later. I an think in light of your SSB 100 set up slide
The price I mentioned above are right outside the triangle right next to current price. But is there any reason we should be conservative and consider the range high (80.80) and low (78.00 instead? The reason I am asking this is because I don't have more in-depth info on trading SSB 100 set up.
As for where to place the order at the triangle, I like to have mine just on the line so that if whipsaws happen, I have a good price to manage my position and get out without damage