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5 sept. 2021 16:47

How To Trade The Ascending Triangle + Double Bottom Combo Éducation

Euro / Mexican PesoFOREX.com

Description

Wait For The Close Above the Neckline at Horizontal Level 24.07952. After the close above level; resistance level turned support.


Wait For The Retest Of The Neckline At 24.07952. Watch For A Pin Bar or Rejection Candlestick to form at the horizontal neckline.



Enter Trade At The Closing Price Of Pin Bar or Rejection Candlestick.



Set Target Price Using Measured Objective Of Pattern. Measured Objective Is 24.37017. Measured Move Is 2906.5. Height Is 2906.5.


Exit Trade At Target Price.

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