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Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
During this uncertainty of the global market, which is tending to the downside at the moment, my primary goal is preserving my capital. I developed a protocol for such situations which involves mainly in decreasing of the overall trading activity, rising standards to enter the market, tightening stop losses and preferring breakouts from bearish patterns.
This 10 months Triple Top is taking place at the all-time high and at the 61.00 previous level.
If prices go towards the target, keep in mind that we will have to deal with the 50.00 previous level.
🔎🔎🔎 ALWAYS REMEBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
════════════════════════════════
Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
═════════════════════════════════
Hello Traders ✌
During this uncertainty of the global market, which is tending to the downside at the moment, my primary goal is preserving my capital. I developed a protocol for such situations which involves mainly in decreasing of the overall trading activity, rising standards to enter the market, tightening stop losses and preferring breakouts from bearish patterns.
This 10 months Triple Top is taking place at the all-time high and at the 61.00 previous level.
If prices go towards the target, keep in mind that we will have to deal with the 50.00 previous level.
- Pattern Class: 🌕🌕🌕🌕🌕
- Target area: 46.50
- Breakout area below: 52.00
🔎🔎🔎 ALWAYS REMEBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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