Current structure indicates we have a triangle pattern in development on 4hr timeframe.
It would be a good idea to take a trade based on breakout of inner line or upper line of pattern.
This is a good RRR trade so it is worth to risk.
It would be a good idea to take a trade based on breakout of inner line or upper line of pattern.
This is a good RRR trade so it is worth to risk.
Note
Very nice bullish price actionTrade closed: target reached
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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.