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odorunit
May 27, 2021 2:01 PM

WAIT SYMMETRIC TRIANGLE RETEST > BULLISH Long

NZD/USDOANDA

Description

Hi Guys,

For NZDUSD, Symmetric Triangle has recently made Clear breakout.

Trade: Wait for Retest on Support level to BUY.
Target: Most "Symmetric triangles" result in 100% of the depth rise of the entire triangle range in the direction of the breakout. Partial trade exit targets are set at 50% of the depth from the trade entry.
Stop: Stop below the first major "swing low" below the trend line for a long setup.

Good LUCK!!!
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