Watch out for breakout !!!
A symmetric triangle pattern has been formed. The market structure was in an uptrend before the triangle was formed.
Now I there's an upward or downward breakout there's a possibility that it next trend might continue in the direction of that breakout.
But also beware of false breakout.
Be patient
Find the right candle stick
And trade. Good luck
Now I there's an upward or downward breakout there's a possibility that it next trend might continue in the direction of that breakout.
But also beware of false breakout.
Be patient
Find the right candle stick
And trade. Good luck
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.