DSY Symmetrical triangle and descending resistance breakout
Updated
DSY has broken out of a symmetrical triangle in conjunction with a break out of a descending resistance line.There is also a fractal that has formed on the top of the candle of the 30th of May.
If it breaks through this level of the fractal, I will consider a long position.
Note
Doing well so far, but be aware of the bearish harami that formed yesterday. If it confirms downwards I'll look at entering a short.
Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView
For more info about our training and mentorship visit suretrading.co.za
For more info about our training and mentorship visit suretrading.co.za
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.