On every currency pair, on every time frame. I am not sure I am qualified to answer your specific strategy questions but I will be more qualified as I analyze the scenarios when I get. Reversals with a Triangle Chart Pattern. Triangles may appear mostly as ascending or exchange rate taiwan dollar to ringgit descending pattern. The eurgbp chart above shows an ascending triangle trading strategy. BE AN elite here, only interested in our courses?
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The Elliott Waves Theory consists of dealing with impulsive and corrective waves. Because the risk-reward ratio gives a disciplined approach to trading, all traders need is a pattern. As such, he developed a set of rules that define a triangle chart pattern. While the time frame is a big one (the daily chart being patient paid. Click Here to Download A NEW Trading Tool and Strategy For free. A triangle chart pattern can form the basis of a triangle trading system.