Entry at breakout of small descending triangle and taking first profit at the upper line of bigger ascending triangle and then ride to the end or green bar upside. RSI bounced from 35 level.
Very good 1:10 risk to reward in medium term .
Keep an eye or set alarm for breakout and trade entry. Use trailing stop loss to minimize risk and trailing take profit to maximize profit.
Disclaimer : This is not a buy advice. Use your own due diligence before risking money. Trading concurrency involves significant risk. If you are new in trading, first do demo or paper trading.
Very good 1:10 risk to reward in medium term .
Keep an eye or set alarm for breakout and trade entry. Use trailing stop loss to minimize risk and trailing take profit to maximize profit.
Disclaimer : This is not a buy advice. Use your own due diligence before risking money. Trading concurrency involves significant risk. If you are new in trading, first do demo or paper trading.
Comment:
In short term , it can also give 1:2 risk to reward.
