1. Ascending Triangle (height is 16300)
2. Parallel Channel
The price reached the bottom of the Ascending Triangle which is located in the Parallel Channel. In addition, the price is also near the Parallel Channel bottom.
The first target: The price reaches about a half of the Triangle height
The second target: The price reaches the full height
Stop Loss: The Parallel Channel is broken and the price goes down
2. Parallel Channel
The price reached the bottom of the Ascending Triangle which is located in the Parallel Channel. In addition, the price is also near the Parallel Channel bottom.
The first target: The price reaches about a half of the Triangle height
The second target: The price reaches the full height
Stop Loss: The Parallel Channel is broken and the price goes down
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.