Kreslik.com - traders community since 2006

with a stop loss of 5 pips, when the triangle is clearly broken, wether to the upside'breaking the downtrend vs the flat bottom' or breaking the uptrend, vs the flat top' 20 trades a d day at a 50 percent accuracy would make 100 pips, right, i know its just a theory, but it could work, if applied to...

here is an example of a good triangle break on a 5 minute bar, you can see the undecided resistance level on top with the decided support on the bottom, once that support was broker, the trade was to short and scalp the selloff in the next few bar.