(1h timeframe)
DETAILS: after a strong gap the price got to the 100+ area.
We entered a triangle (pennant) , the price made a strong breakout with strong volume and bullish candles, made a retest and broke out the swing 10 his strongly .
the middle rectangle is at the last high (the first touch on the resistance line of the triangle)
might happen the price will touch there and will make a retest to the swing 10 high
DETAILS: after a strong gap the price got to the 100+ area.
We entered a triangle (pennant) , the price made a strong breakout with strong volume and bullish candles, made a retest and broke out the swing 10 his strongly .
the middle rectangle is at the last high (the first touch on the resistance line of the triangle)
might happen the price will touch there and will make a retest to the swing 10 high
Note
we can see how the price get a little weak around the price of the last high ( at the middle rectangle I drew)Trade closed: target reached
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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.