How to trade pre-break of a pattern?

24 thg 8, 2020

Price formed Symmetric triangle pattern and before coming back to the trend line support it straight away breaks up. Can we take a trade in such situations? YES, we can trade this type of breakouts when the price comes for the Retest.

This setup denotes that after drawing the pattern it doesn't mean that price should follow your pattern, always be ready to take the trade when its time.