Daily Archives 15.12.2021

Learn How to Trade Descending Triangle Pattern

15.12.2021 Forex Trading  No comments

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However, as with any pattern, leaping straight into a position the moment you see a completed triangle is rarely advised. Instead, most traders wait for confirmation before placing an order. You can see how the projected triangle depth measurement becomes a very accurate profit target. This is a powerful exit strategy that can maximize your profits. In this article, we’re going to explain the requirements of the descending triangle and how to spot it in real time.

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