Long

Enigma symmetrical triangle still not too late

Updated

The reason I said is not too late to get in this trade: we tested the support at 17300, we might get another retest of the cloud which would be a good entry point(the reason for that is that Kijun Sen is still inside the cloud and there is a possibility of ranging which will take the price to the upper boundary of cloud support). The DMI, MACD and RSI are supporting a long trade.
At the Kijun Sen or a little below, entry from as low as you can get like 17300 - 18150. The target is 32200.

Note

Going up again, the volume is increasing, hopefully will break the resistance at 19800.

Trade active

Broke the resistance

Trade closed: target reached

Target reached.

pgarret

Also on:

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.