Market Structure:
- 6M has been in consolidation since late of March, and currently it is forming Ascending Triangle pattern in low and high Timeframe
- Ascending Triangle with higher Lows and same Highs at 0.0421, which is bullish pattern
- 6M has plunge 28.6% from the High, with now trading at record Low in history
Strategy:
- Enter Long at first pullback when successfully breakout above R1
- Target Profit before R2 at 0.0455
Notes: Purely trade based on chart pattern and market structure, no indicators involved.
- 6M has been in consolidation since late of March, and currently it is forming Ascending Triangle pattern in low and high Timeframe
- Ascending Triangle with higher Lows and same Highs at 0.0421, which is bullish pattern
- 6M has plunge 28.6% from the High, with now trading at record Low in history
Strategy:
- Enter Long at first pullback when successfully breakout above R1
- Target Profit before R2 at 0.0455
Notes: Purely trade based on chart pattern and market structure, no indicators involved.
Note
Price moving in desire direction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.