Long

SIA symmetrical triangle breakout

Updated

Based on 2h chart Ichimoku give us green light, DMI and MACD is supporting a long trade. The RSI still has room to go up till oversold.
Target around 350 - 380. Entry 225 - 235. Stop below the triangle.

Note

We are seeing a test of the kumo breakout, very normal behavior, specially with the New Year holiday season when everybody wants to win. If you are in the trade have some patience, it will go up again soon.

Note

Is going to move soon

Note

Still looking good, from past movements SIA takes time after the breakout around 3-6 days till is going to really move up. Look at past patters and you will see what I'm talking about.

Trade active

Note

Target reached. Trade closed

pgarret

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