It is a continuation pattern that marks a pause in the movement of a price halfway through a strong uptrend, giving you an opportunity to go long and profit from the rest of the price rise. The uptrend then continues with another similar-sized rise in price.
Wait for the triangle to break and confirm ...
R : 5.7 - 6.56 - 8.35
S : 4.3 - 3 - 2.09
Wait for the triangle to break and confirm ...
R : 5.7 - 6.56 - 8.35
S : 4.3 - 3 - 2.09
Trade closed: stop reached:
Trade closed: stop reached:
