Started pyramiding this pair and we just got a clean break from the triangular pattern. There is a visible reversed head and shoulders pattern present within the triangle and give a target very close to the .50 level, so I will use
that as my initial target but plan on holding part of my blocks for longer term if the pyramid works out.
that as my initial target but plan on holding part of my blocks for longer term if the pyramid works out.
Trade closed: target reached:
Target hit, most of my position is out. Riding the rest.
Trade closed: target reached:
Exited the rest of my position. Great trade.
Comment: