Hi all
I'm just looking for some feedback. I picked up a ascending triangle pattern on closer inspection of what looked like a bear trap. My idea is to enter the trade at the retest of the S/R breakout, however I also feel that a trap is in play and may lead to a bearish reversion. Am I correct for having a bullish bias with this trade?
I'm just looking for some feedback. I picked up a ascending triangle pattern on closer inspection of what looked like a bear trap. My idea is to enter the trade at the retest of the S/R breakout, however I also feel that a trap is in play and may lead to a bearish reversion. Am I correct for having a bullish bias with this trade?