Henrik-SMCTrading

AUDJPY, 15min, ascending triangle - aggressive entry

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
This is an example of a trade with aggressive entry on an ascending triangle.
Trend is up and this technique takes both that and the psychology of the pattern into consideration.

SL just below structure and targets up in higher TF structures.

Great R:R but keep in mind that this IS an aggressive entry. Alot of traders, including myself, would like to get more confirmation
but I took this one just to demonstrate.

Henrik Siverhall
SMC Trading

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