This is a bullish pattern with a high rate of failure . Expect aggresive move to the upside and even more agressive one to the downside .Short term trade .Take your 1-2-3% gains and get out .
Note
Full disclosure : i took a long trade from 9415eur/xbt with tight stop loss (-1%) ,and and TP above the upper green line resistence.Note
TP well in the greeen then pullback ,as expected .
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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.