Symmetrical Triangles (Part
3)
In the case of the
symmetrical triangle, you want to position yourself to be ready for both an
upside or downside breakout. A perfect time to use the one-cancels-the-other
(OCO) order! Don’t remember what an OCO order is? Go review your types of
orders!
In this scenario, GBP/USD broke out on the upside and our
long entry was triggered.
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