KTC | Symmetrical Triangle Squeezed Breakout Trading Setup
Price action and chart pattern trading setup
> symmetrical triangle with squeezed accumulation in the upper zone
> Possible upcoming breakout for medium-term uptrend during Thailand re-opening and rising interest rate
> Target 0.5 and 0.786 retracement zone
> Stop zone at 2nd lowest point of triangle zone for medium-term and the lowest point of triangle for long term trade
> Risk Reward Ratio: 2:1 for medium-term and 3:1 for long term trade
Always trade with affordable risk and respect your stoploss
> symmetrical triangle with squeezed accumulation in the upper zone
> Possible upcoming breakout for medium-term uptrend during Thailand re-opening and rising interest rate
> Target 0.5 and 0.786 retracement zone
> Stop zone at 2nd lowest point of triangle zone for medium-term and the lowest point of triangle for long term trade
> Risk Reward Ratio: 2:1 for medium-term and 3:1 for long term trade
Always trade with affordable risk and respect your stoploss