Tricks of the successful trade : entry, exit, price, position size, risk , upside and strategies

[pandeyathotmail]

explanation of chart above

@hanera

Red arrow means still trading within the triangle, support is the bottom up trending line. Even so, usually it would either break slightly below or reverse before hitting.

Blue arrow means breakout, would establish a new ATH higher than $101.15. Careful with fake breakout, the norm is +3% above the resistance downtrending line to confirm is a true breakout. So if you go long upon breakout, need to place a hard sell stop just below the support line.

cp