The new triangle formed 41105 and new buy positions are opened.
50% of shorts, profit booking is better I Think, rest carried.

I may be wrong, The strategy should hold the shorts until the price bar hits each level of shorts.
The triangle is an assumption, that the reversal might happen. But the triangle may disappear and the price may find a new bottom.
The Shorts are in profits, the market has to decide the profitability, not us, I believe.
So no synthetic profit booking. Let the shorts find their own way.

Triangle disappeared. Price finding a new bottom.
Fresh new positions are held as the strategy has already equal no. of shorts.
No new positions until the shorts are exited.
Equal positions on both sides.

Adding a Triple Jurik smooth Indy reduced false signals.
I understand the setup can consistently make money.
This works on all timeframes.
Will study further, finetune and post a complete strategy.

Hourly chart

BTC making a new low.
The strategy requires no supporting indicators, it seems like a triangle, MA etc.
The 30 M chart attached is self-explanatory.

BTC making a new low.
The strategy requires no supporting indicators, it seems like a triangle, MA etc.
The 30 M chart attached is self-explanatory.

Implemented my thinking in USDINR. Trade taken.

This is the strategy I have implemented in USDINR.
I have written my ideas in the picture.
Indicator: https://www.mql5.com/en/code/36719
If this strategy is useful to someone, I will be happy.

Today I would like to watch my strategy on EURUSD.
PFA demochart.