alexp

Triangle inside expanding triangle in Aussie

Viés de alta
FX:AUDUSD   Dólar Australiano/Dólar Americano
0
That bigger expanding triangle is giving us an idea in which direction the current triangle is likely to expand. I prefer using stop orders for entering into a triangle - so if it triggers above 1.03700 - it likely to go up for the test of 1.0405-1.0410 level again. As bigger breakouts of most of the triangles fail and we're still in trading range, risk:reward for this trade is around 1:1 which turns it into more like a scalp.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.