MULTI YEAR TRIANGLE
Price moves in multi year triangle and currently in last wave E.
As wave E is about to finish I expect continuation to upside with target around 5.3000 level.
You can try to entry traditional way after breakout of triangle or if you more aggressive trader you can look for setups on lower time frames as last wave E might end very soon and we should have a major reversal.
As wave E is about to finish I expect continuation to upside with target around 5.3000 level.
You can try to entry traditional way after breakout of triangle or if you more aggressive trader you can look for setups on lower time frames as last wave E might end very soon and we should have a major reversal.
Note
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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.