Entry Signal
An entry signal is given when the price breaks out of the descending triangle to the downside. This should occur about 66% into the triangle. If the price breakout occurs near the apex of the triangle, it is not valid entry signal as these breakouts tend to lack momentum and have a higher tendency to fail.
wait for more confluence
An entry signal is given when the price breaks out of the descending triangle to the downside. This should occur about 66% into the triangle. If the price breakout occurs near the apex of the triangle, it is not valid entry signal as these breakouts tend to lack momentum and have a higher tendency to fail.
wait for more confluence