Popcat Symmetrical Triangle Breakout Follow-up Retracement After Rise

The opening idea at $POPCAT in the morning is ✅ the price action conforms to the structure of the triangle three-drive pattern, breaking through the upper pressure trend line, pulling back and stabilizing. The original trend line resistance turns into support. Open a long position, with the take profit looking towards higher liquidity levels above. In fact, we observe that above the original pressure levels of the trend line, there are also multiple liquidity positions, coupled with the triangle pattern breakout, the correct approach is to look for greater level liquidity above with the long position, and placing the stop loss near the long FVG area is also a good choice. (Framework structure, trend line, liquidity, FVG) Previously, the incorrect opening idea was ❎: wanting to look for a short line, seeing the trend line resistance around 8:30-9:30 being pierced but then returning to the channel, thinking that the resistance still exists, and wanting to make a super short sell position with the take profit set at the lower FVG OB position before going long. In fact, the space inside the triangle pattern has already become very small. After opening the incorrect short position, I would see the upper short IFVG and foolishly hope for a pullback, stubbornly delaying the stop loss and continuing to add to the position, which would lead to greater losses or liquidation! Personal opening ideas are for reference only. Be patient and observe, respect the market. Though the road is long, if you travel, you will arrive. Let's recover and keep pushing together! #liquidity #TrendlineBreakout #popcat