Here’s the deal:
I’m not a chart pattern trader.
However…
The Ascending Triangle chart pattern is one of the few patterns I trade.
Why?
Because when other traders get stopped out, they help “push” the market further in your favor.
In short, you EXPLOIT the stop-loss orders of losing traders — and that’s why it works.
And because this is so powerful, I’ve created a new trading video on Ascending Triangle chart pattern.
You’ll learn:
•What is an Ascending Triangle chart pattern and why does it work
•You should always go short when the price is at Resistance, right? Wrong! I’ll explain why…
•How to better time your entries & exits when trading the Ascending Triangle
•When is the best time to trade Ascending Triangle (and why)
•How to find high probability breakout trades with the Ascending Triangle chart pattern
You ready to learn this powerful chart pattern?
Then go watch this video right now.
If you want more actionable trading tips and strategies, go to https://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: http://bit.ly/2EFg5VN
I’m not a chart pattern trader.
However…
The Ascending Triangle chart pattern is one of the few patterns I trade.
Why?
Because when other traders get stopped out, they help “push” the market further in your favor.
In short, you EXPLOIT the stop-loss orders of losing traders — and that’s why it works.
And because this is so powerful, I’ve created a new trading video on Ascending Triangle chart pattern.
You’ll learn:
•What is an Ascending Triangle chart pattern and why does it work
•You should always go short when the price is at Resistance, right? Wrong! I’ll explain why…
•How to better time your entries & exits when trading the Ascending Triangle
•When is the best time to trade Ascending Triangle (and why)
•How to find high probability breakout trades with the Ascending Triangle chart pattern
You ready to learn this powerful chart pattern?
Then go watch this video right now.
If you want more actionable trading tips and strategies, go to https://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: http://bit.ly/2EFg5VN
There is definitely not enough comments here for the quality of this explanation, THANK YOU!!
Thanks a lot ❤
This is amazing
please you talked about use trading books, could you recommend nice trading books i could use to enhance my knowledge
Hi sir. Thank you for telling this so well!
How to find this types of chart pattern ..?
GOOD KNOWLEDGABLE INSIGHT . THANKS
Terrific deep dive into this pattern. Thank you so very much for sharing your best practices. I'm putting it into my play book!
i learn from your content. just alot of mistakes rookies make are in this video.
dude the stop loss is toooo big. entry needs to be better an you wont hav to risk so much. risk too much
Thank you Rayner. Very insightful
let's shot the market
Notes: Trade when resistance is broken SL is height of triangle Combine candlesticks short trade 20 DMA, Medium term 50dma; Target same as height of triangle use Moving averages to exit trade.
Where is the link of your book
What if a descending triangle form in an uptrend
Bless you my friend
Nice nice
I like the simplicity with which you explain these patterns and strategies. Very helpful. On another note… you need to get shirts made…
“LET YOUR WIENERS RUN!”
I love it!
Great one suggestion please don't erase pen work while proceeding
Very good learnings as always thanks Brother..🙏💓😄
too lazy to loom for this comment so, small wieners.
Shorting stocks scare me, ascending triangles seem safer to me since it's money you already have
Dude why wouldnt you do ascending triangles first then descending second. You got me mixing my notes all up.
cant thank you enough, because of you im starting to understand things i never thought i will even think about.
sadly i can hit the like button only once