Thursday, August 13, 2020

Symmetrical Triangle Breakout Trading

 Symmetrical Triangle Breakout Trading


1. Connect 1st 5 min candles top and bottom with swing high and swing lows.

2. Entry when 5 min candle closes out side of the triangle or after breakout retracement comes then.

3. Target measure 1st 5 min candle length and keep 2-3 point less target.

4. Stop loss 2-3 points below breakout candle.

5. Use limit orders to remove all emotions. Keep target easily achievable so that no emotions involved.





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