This is a scenario I would like to see today and tomorrow.
We broke out from the triangle to the downside. Sometimes these could be false, so that the market could stop Bulls out, get back into the triangle and move higher.
But, ideally, I would like to see a bit of selling, to be honest. That's the scenario I want to see:
SELL around 12775
TP around 12700 (but depending on the sentiment, could push lower).
SL around 12840
As always, keep an eye on the price action!
We broke out from the triangle to the downside. Sometimes these could be false, so that the market could stop Bulls out, get back into the triangle and move higher.
But, ideally, I would like to see a bit of selling, to be honest. That's the scenario I want to see:
SELL around 12775
TP around 12700 (but depending on the sentiment, could push lower).
SL around 12840
As always, keep an eye on the price action!
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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.