WAIT SYMMETRIC TRIANGLE RETEST > BULLISH
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!!!
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!!!