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Triangle Channel Trading Strategy

Take the width to either side

We are not sure until we get a breakout

Where not to rely on triangle alone

Do not wait for the close of the current candle, wait for 3 candles

The 3rd candle is bullish, but trade in the downside why ?

See the 3rd breakout candle in either case and see the change in volume

See the volume on the upside was flat

Trade setup

H1 reliabilty even lesser

Using increasing volume and 3rd candle improves the odds to 78%

More time it has touched the upper and lower channel and less erratic the price is .. more reliable

Volume starts to diminish as contraction happens, this is the quite before the storm

After breakout, there should be volume increase

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