PRICE IS INSIDE A TRIANGLE CANDLE PATTERN STE PULSE STRATEGY INDICATOR HAS FOUND A BREAKOUT SETUP AS PRICE DECIDES DIRECTION THE STE PULSE BARS WILL CONFIRM IF PRICE BREAKS BULLISH STE PULSE BARS WILL CHANGE BRIGHT GREEN IF PRICE BREAKS BEARISH STE PULS BARS WILL CHANGE BRIGHT RED Take Profits are found from previous Sup/Res levels I will find an appropriate SL
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Price is moving inside triangle pattern Price had 4 wicks touch top triangle trendline As Price fell to bottom of trendline it failed to break below 50 ema I made a Sell Stop @130.45 in cause it broke below 50 ema Sell Take Profit @ 129.55 At bottom of triangle trendline Price will either bounce up or breakout down
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Inside triangle trade hit sell take profit
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Triangle Bearish Breakout Entry point @ 127.05
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1st Sell Take Profit hit
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Opened 2nd short trade at breakout of Pole support level
hahaha , i know this call will be rock , 1st target done ,
Thanks
HaythamISayed
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the main trade still active ? " short to 119 ?
Tradingstrategyguides
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@HaythamISayed, Yes - I close out 1/2 of my profits at my 1st take profit and adjust my SL to preserve some profits. ( You can always open another trade short if price confirms it is still in a bearish continuation move) My 2nd TP is 108.65
HaythamISayed
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@Tradingstrategyguides, i did the same, but adjust the SL at 126 only and wait for the second TP at 108.65
Thanks for the nice signal :)
HaythamISayed
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This setup is really great , thanks
Tradingstrategyguides
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@HaythamISayed, Thanks, go to our webite and find out more about it. www.tradingstrategy guides.com
@HaythamISayed, I take 1/2 profits at my take profit levels. So 1/2 is still riding and my next entry point is at 127 area. I also adjust my SL to preserve profits of that last 1/2
Thanks