Triangle consolidation setup. Main trend is down. A 5:1 reward/risk opportunity.
Take profits fast as sentiment is at extreme bearishness. The world is ending, inflation is out of control, war, interest rates etc etc..
Take profits fast as sentiment is at extreme bearishness. The world is ending, inflation is out of control, war, interest rates etc etc..
Trade closed: target reached
Target reached, put in profit back stop above today's high to lock in profitsTrade closed: target reached
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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.