#avax
AVAX
Lets straight into 4h chart ,
An ascending triangle pattern is a bullish continuation chart pattern .Two lines forming pattern which is a horizontal resistance line and a rising support trendline, indicating that buyers are gaining strength as they push the price higher while sellers are unable to break a consistent resistance level.
Trade set up Key Note :
Wait for a clear breakout above the horizontal resistance line.
wait for the confirmation with increasing trading volume .
Enter a long (buy) position after the breakout is confirmed.
Place a stop-loss below the most recent higher low or as your risk reward ratio.
Profit target is to measure the widest distance of the triangle ( beginning) .
Do Your Own Research , #nfa
AVAXLets straight into 4h chart ,
An ascending triangle pattern is a bullish continuation chart pattern .Two lines forming pattern which is a horizontal resistance line and a rising support trendline, indicating that buyers are gaining strength as they push the price higher while sellers are unable to break a consistent resistance level.
Trade set up Key Note :
Wait for a clear breakout above the horizontal resistance line.
wait for the confirmation with increasing trading volume .
Enter a long (buy) position after the breakout is confirmed.
Place a stop-loss below the most recent higher low or as your risk reward ratio.
Profit target is to measure the widest distance of the triangle ( beginning) .
Do Your Own Research , #nfa
Trade active
Trade closed: target reached
Congratulations who made profits 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.