As the formation of Symmetric Triangle, I will wait for a break down for confirmation for a short as on the chart.
Trade active
Got in at break-out.However the volume of break-out is not quite high - More cautions on this.
Note
There is slight divergence in M15 RSI.Close 50% of the position and move stoploss to break even.
Trade closed manually
H4 has formed an inverted hammer at support level. Closed position as 2.2% in profitDisclaimer
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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.