- 2 possibilities as seen on chart I am in favour of a long position at retest of the symmetrical triangle before filling the wick from January - however rejection of the descending trendline above will confirm a short position
Note
LONG after break and retest of triangle @1.62000
TP 1 @1.63000 (supply) TP2 @1.65500 (-61.8%)
SL @ 1.61500 (invalidates trendline retest)
Note
TP 1 hit @ 1.63000, closing partial profits at 100+ pips Letting other positions run risk-free
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.
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.