Type
Live
Date
August 15, 2022
Pair
#nzdcad
TP1
3.5
TP2
Concepts
#ending_diagonal#Flipzone
TRADE RESULT
BIAS & PAZ
SETUP
NOTES
#ending_diagonals are my favourite patterns in the market. They are rare, but quite powerful when you find them. Specially if they form a clear reversal pattern like we have here with the #flipzone. With ending diagonals you can target the bottom of the pattern (or top if it is bullish). This trade was an easy 3.5R You could also just define it as a #wedge pattern.