UBER TECH ASCENDING TRIANGLE LONG BREAKOUT TRADE

Uber is in an ascending triangle chart pattern - bullish bias trade
Buy on daily close above 45.00
Use full-size position only if volume
breakout candle is at least average.
Otherwise, use 1/2 size as long as volume
is at least 75% of average.
Find your own SL & TPText

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Kommentar:

Since bias is bullish on an ascending triangle pattern 1. wait for this bearish day candle to close 2. if you trade short use only 1/2 your position size 3. then see if bearish moves fails and price re-enters triangle pattern or add to trade is bearish trend continues.

Kommentar:

Possible bearish retracement trade