.price is consolidating near counter trendline , so we can expect a potential breakout this week
.I have back tested these types of pattern & got accuracy around 65-70% with RR ratio not less than 1;2
.Entry possible when engulfing candle near counter trendline.
Three targets are mention in chart, gain accordingly
Happy trading
.I have back tested these types of pattern & got accuracy around 65-70% with RR ratio not less than 1;2
.Entry possible when engulfing candle near counter trendline.
Three targets are mention in chart, gain accordingly
Happy trading
Order cancelled
Pattern breakdown side ... no trade entry
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.