If we break this triangle up, I think there is good chance for run to 0.666. SL is last local low. Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL). Valid until SL level hit (even if BUY STOP-LIMIT not filled before). RRR is 5.
Ordine annullato:
Well, it broke out the other way around, trade not triggered, and the setup is invalidated. But I'm still tracking this triangle and I will be looking for long positions again. Will keep you posted.
