A clear descending triangle pattern has formed. This level also serves as a strong weekly support/demand area. I believe prices have accumulated enough, and soon there may be a significant correction or the start of a fresh trend.
Place your stop loss below the triangle and set your TP at a 1:3 RR. Please share your opinion.
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.