exploration

Ascending Triangle Strategy NZD/USD 206 pip move

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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Setup : Place a sell when a break out happens from the bottom... 206 pip move down.

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Comments

No breakout No sell happed No loss
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I think the break out is only re-adjusting the angle of the triangle and that price will go back to a sell state
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Update correction thta a decending triangle instead of a ascending triangle ...all the information for a sell is correct :) smiles and waves
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There is a wedge inside of the Ascending triangle that may cause a lot of price movement...i think that price is going to follow the asceding triangle stategy and go down...
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