A triangle formation has formed. The problem here is that it is not a big one and is subject to more risk.
Up or down does not matter since is a triangle and speculation focus on Stop Levels. Even though Upward movement is more probable since the market is moving upwards in general.
Nevertheless, it is expected to break around 9:00 - 10:00 EEST and the Stop levels are indicated by the arrows as always.
Up or down does not matter since is a triangle and speculation focus on Stop Levels. Even though Upward movement is more probable since the market is moving upwards in general.
Nevertheless, it is expected to break around 9:00 - 10:00 EEST and the Stop levels are indicated by the arrows as always.
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.
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.