By triple trapping strategy, If price respected the trendline it would be triangle pattern and shoot up if not it may consolidate between zones and may break down and retest ,then you may go short.
Triple trapping strategy is trapping price between a channel, SNR, a possible trendline.
Triple trapping strategy is trapping price between a channel, SNR, a possible trendline.
Note
23-09-2020- going for a retest
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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.