✅ Analysis of the triangle pattern I drew (on a clock frame):

The pattern shown on the chart is a Symmetrical Triangle, which is often a continuation pattern, but it can also be a reversal pattern, so follow the explanation with me.

✅ Smart entry points

📈 If the triangle is broken upward with a clear candle:

✅ Buy entry after closing above 0.00062862 provided that:

Trading volume is higher than average.

A strong candle (relatively long green).

🎯 Sell targets (Take Profit):

Resistance Price

Target 1 0.00066423

Target 2 0.00074648

Target 3 0.00083830

Target 4 0.00090339

🛡️ Stop loss: return and close below the triangle line = approximately 0.00059.

📉 If the triangle breaks downward:

🔻 Sell entry (Short) if the lower line of the triangle is broken with a strong candle and a clear close (below 0.000585).

🎯 Sell targets:

0.00055000 then 0.00052000 (according to the previous price structure).

🛡️ Stop loss just above the triangle (for example: 0.000605).

🧠 Smart notes:

Do not enter before confirming the breakout with strong trading volume.

The pattern is more effective if it comes after a clear trend (and here the trend is initially bullish).

This type of pattern often provides a retest opportunity, you can enter from there if you missed the first breakout.

Leave your opinion in the comments and let's open a public discussion 🔥

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