Trading the Pennant (Symmetrical Triangle). Wait for a close above/below the diagonal level. In this case, wait for a close below diagonal support resistance level. After the close, diagonal support turned resistance. Next, watch for a pin bar to form at the Resistance Line, EMA 10, EMA 20 in a Pull Back.
Enter at closing price of the pin bar, break of the pin bar nose with a sell stop order, or 50% Fibonacci Retracement of the pin bar with a sell limit order.
Stop Loss is place 5-10 pips above the pin bar tail. Or stop loss is placed above the break out candle.
Take Profit is the first point of the trend line. In this case, the take profit level is 0.94906.
Pin Bar is date 28 April 2021 time 20:00.
Enter at closing price of the pin bar, break of the pin bar nose with a sell stop order, or 50% Fibonacci Retracement of the pin bar with a sell limit order.
Stop Loss is place 5-10 pips above the pin bar tail. Or stop loss is placed above the break out candle.
Take Profit is the first point of the trend line. In this case, the take profit level is 0.94906.
Pin Bar is date 28 April 2021 time 20:00.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.