So, what´s next? Well, is these cases ( ) we presume there is no way to predict with total certainty if price will go up or down, so we want to trade in both directions. We don´t know what the price direction will be, however, we can estimate the price movement height just watching the height of the triangle.
I use to set my take profits at the middle of the triangle´s height, however, you can change the target depending on your risk profile and price expectations.
BUY STOP: 305
Take Profit 1: 345
SELL STOP: 265
Take Profit 2: 215
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
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