Pretty clear technical setup on MAGS:
- Uptrend intact
- Flat correction forming a triangle
- False bearish breakout → bullish signal
Setup invalidates if the price drops below the Oops! area.
- Uptrend intact
- Flat correction forming a triangle
- False bearish breakout → bullish signal
Setup invalidates if the price drops below the Oops! area.
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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.