3 TRIANGLE (3 LEVELS TRIANGLE STRATEGY)
SIMPLE!
The uptrending support was broken and retested; on the eclipse, it was the first sell. Now, the market has reached a strong support zone. It has bounces on it as our floor.
I am waiting for the market to break and retest the support zone - our floor, and then retest it as our resistance (Ceiling), then after that, we sell!
or should i say, a candle closes below (outside) support zone will trigger a sell!
sl: will be way above the recent swing lower high
tp: 1st tp on the highlighted zone - reason being: check the daily chart, you will realise that it is the respected zone!
#Bhekani Bhompus Sakhile (Facebook).
ForexPrimeIntelligence
SIMPLE!
The uptrending support was broken and retested; on the eclipse, it was the first sell. Now, the market has reached a strong support zone. It has bounces on it as our floor.
I am waiting for the market to break and retest the support zone - our floor, and then retest it as our resistance (Ceiling), then after that, we sell!
or should i say, a candle closes below (outside) support zone will trigger a sell!
sl: will be way above the recent swing lower high
tp: 1st tp on the highlighted zone - reason being: check the daily chart, you will realise that it is the respected zone!
#Bhekani Bhompus Sakhile (Facebook).
ForexPrimeIntelligence