TradingView
BIG-T_FX
Aug 14, 2022 1:58 PM

Descending Triangle Long

Euro Fx/U.S. DollarFXCM

Description

so we wait patiently the market just break the descending triangle and is currently retesting so what we should watch for is.........

1) the market might come to grab liquidity at the bottom of the triangle :so if that happens we can then enter

2) if we notice an instant reversal from the retest then we would wait for the recent high to get broken

so only after this two conditions are met then we can go for a buy. till then we just seat and watch price do its thing
Comments
More