Consolidation pattern, let's wait for direction
The triangle in the chart marks a consolidation pattern, I avoid entering positions there, I want to wait and see where it breaks up to enter. 60 is a natural support while I see a horizontal channel forming. Looks like UP is the key but patience always pays off.
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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.