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How To Trade The Ascending Triangle + Double Bottom Combo

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Euro / Mexican Peso (FOREXCOM:EURMXN)  
TradeLive-  
FOREXCOM:EURMXN   Euro / Mexican Peso
Support and Resistance Double Top or Bottom Triangle Ascending Triangle Pin Bar exponentialmovingaverage
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supportandresistance doubletoporbottom triangle ascendingtriangle pinbar exponentialmovingaverage
Wait For The Close Above the Neckline at Horizontal Level 24.07952. After the close above level; resistance level turned support.
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Wait For The Retest Of The Neckline At 24.07952. Watch For A Pin Bar or Rejection Candlestick to form at the horizontal neckline.
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Enter Trade At The Closing Price Of Pin Bar or Rejection Candlestick.
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Set Target Price Using Measured Objective Of Pattern. Measured Objective Is 24.37017. Measured Move Is 2906.5. Height Is 2906.5.
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Exit Trade At Target Price.
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Penafian

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