Aisha5279

How to define a breakout

Education
BITSTAMP:BTCUSD   Bitcoin
correction in the form of a triangle or pennant. The situation resembles a compressing spring, the price movement range is strictly limited by the pennant / triangle contour. When the lines converge very close, as a rule, there is a sharp price movement in the direction of the continuation of the trend. You can enter the market on the breakout and retest of the pattern border;

http://rognowsky.ru/index.php/sekrety-uspeshnogo-trejdinga/1748-kak-ispolzovat-korrektsiyu-na-foreks-8-pribylnykh-strategij-raboty-na-otkate
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.