Is Bayer Going To Need Aspirin For Their Roundup Issues?

Bayer is a descending Triangle Chart Pattern
Strong support level has been re-tested several times
Continually lower highs puts pressure on this support level
Best patterns have dropping volume and volatility/ATR
Fewer traders are interested in this consolidatation
At some point expect an explosive breakout

Trade Plan
Wait for a close below the support level
Full trade size if volume is at average atr line
1/2 trade size as long as bar has 75% of average volume
Enter two trade
Both trades SL is 1.5xATR
1st trade TP is 1xATR
2nd trade no TP let profit run
When price hits 1st TP move 2nd trade AL to breakeven
Let profit run
If breakout candle is more than 1 ATR wait for price to retrace back towards 1 ATR level to enter

Komen:

We are doing a live triangle trading class on our TTT Strategy June 21st @ 2PM ET! If you are interested in learning more about it, please visit the link you see below in our signature. Thanks!

Komen:

Sorry the 25th not 21st

Komen:

Entry Point - SL - 1st TP