A symmetrical triangle formation. Market just opened very strong below the bullish trend line.
Position opened today (with the break of the bullish trend line). Stop loss is at a previous support level inside of the triangle.
Use risk management as always.
Thank you for reading.
Position opened today (with the break of the bullish trend line). Stop loss is at a previous support level inside of the triangle.
Use risk management as always.
Thank you for reading.
Trade closed: stop reached:
False break. Will try to renter will a solid break above the triangle. This whole area is near the weekly/yearly support levels. However I'm overall not liking the price movement. I will keep watching.
Comment:
^stop loss was not hit yet, false post. still waiting for things to play out.