Nikkei - Daily - Symmetrical triangle.
Time to pop. Which way? Who knows...
I am very cautious about this one. Probably, I will be sleeping when it does, due to my geographical location. But anyway, if you're like me, then you could place some orders.
In terms of direction, it's always good to catch the pop and especially if it's a long candle one way. But never throw out the possibility of a false break out.
You could try and put some BUY and SELL orders, that could potentially work out, if there will be a pop with a long candle one way.
Potential set ups:
BUY
Entry Order - 20176
TP - 20318 (+142 pips)
SL - 20100 (-76 pips)
SELL
Entry Order - 19904
TP - 19755 (+149 pips)
SL - 19980 (-76 pips)
This is just an idea, because depending on the movements and candle formations, this could change. But till then, I believe this could play out.
As always, keep an eye on the price action!
I am very cautious about this one. Probably, I will be sleeping when it does, due to my geographical location. But anyway, if you're like me, then you could place some orders.
In terms of direction, it's always good to catch the pop and especially if it's a long candle one way. But never throw out the possibility of a false break out.
You could try and put some BUY and SELL orders, that could potentially work out, if there will be a pop with a long candle one way.
Potential set ups:
BUY
Entry Order - 20176
TP - 20318 (+142 pips)
SL - 20100 (-76 pips)
SELL
Entry Order - 19904
TP - 19755 (+149 pips)
SL - 19980 (-76 pips)
This is just an idea, because depending on the movements and candle formations, this could change. But till then, I believe this could play out.
As always, keep an eye on the price action!
Comment:
BOOM...!!!