There are two scenarios here, a break up or down.
The chances are we see a bullish brake-out and an opportunity to go long. Not only we have an ascending triangle, we also have a broken
trend line which adds more valuation for the bullish break.
We have to wait and see how the market reacts.
Good luck and stay safe !
The chances are we see a bullish brake-out and an opportunity to go long. Not only we have an ascending triangle, we also have a broken
trend line which adds more valuation for the bullish break.
We have to wait and see how the market reacts.
Good luck and stay safe !
Note
Bearish break-out! ** TP1 hit
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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.