ЁЯУР Triangle Pattern Trading: Entries & Profit Targets ЁЯТ░ЁЯУИ
Triangles arenтАЩt just shapes тАФ theyтАЩre price pressure cookers waiting to explode.
Mastering them means timing your entries and targeting your profits like a pro. ЁЯОпЁЯТ╕
ЁЯФ╗ Descending Triangle ЁЯЯе Flat support, lower highs = bearish bias
ЁЯТе Entry = break below support
ЁЯОп Target = height of triangle projected downward
ЁЯФ║ Ascending Triangle ЁЯЯй Flat resistance, higher lows = bullish bias
ЁЯТе Entry = break above resistance
ЁЯОп Target = height of triangle projected upward
ЁЯФ║ Symmetrical Triangle (in example below) тЮбя╕П Consolidation, coiling price
ЁЯТе Entry = breakout direction
ЁЯОп Target = widest part of triangle added to breakout
ЁЯФе Whee, price surged up! тАФ ThatтАЩs what happens when you're on the right side of the breakout. ЁЯШЙ
ЁЯУК Learn the shapes. Trust the breakout. Secure the bag.
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