Ascending triangle is formed on 30M.
Expecting price to reach TP at around 56150 USD.
Expecting price to reach TP at around 56150 USD.
Note
Watch 5M-15M for a breakout, followed by a bounce off from the breaking line. This will be a confirmation for a price action. Although this an ascending triangle, indicators on 15-30M do not support price rise at this moment in time, so it is possible that the price could go down.Note
I have updated new triangle borders with a dark blue colour:Awaiting for a breakout in either direction!
Trade 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.