Another setup I followed realier to today, then I saw the pennant (small symmetrical triangle) and that means a breakout is about to happen indicated by my blue and red line. Very risky for me just to take the next TC for a long trade. There is a possibility that the breakout could be to the down side - just to trigger your SL.
Second chart - the outcome.
Second chart - the outcome.
Willem
Forex recipe for success = Patience, discipline & hard work.