I will act on the breakout of this symmetrical triangle. If it breaks out to the upside, I will wait for a retest of the downward trendline then go long. If it breaks out to the downside, I'll wait for consolidation (and if the consolidation lasts a particularly long time, I may switch to a long position) to finish and go short.
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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.