DIS-triangle + swing indicator strategy (LONG)
(1h timeframe)
DETAILS: after a strong gap the price got to the 100+ area.
We entered a triangle (pennant) , the price made a strong breakout with strong volume and bullish candles, made a retest and broke out the swing 10 his strongly .
the middle rectangle is at the last high (the first touch on the resistance line of the triangle)
might happen the price will touch there and will make a retest to the swing 10 high
DETAILS: after a strong gap the price got to the 100+ area.
We entered a triangle (pennant) , the price made a strong breakout with strong volume and bullish candles, made a retest and broke out the swing 10 his strongly .
the middle rectangle is at the last high (the first touch on the resistance line of the triangle)
might happen the price will touch there and will make a retest to the swing 10 high
Comment:
we can see how the price get a little weak around the price of the last high ( at the middle rectangle I drew)
Trade closed: target reached