SYMMETRICAL TRIANGLE ON XOP
The chart shows the analisys of a Simmetrical Triangle for XOP in ETF Market using 1 day of timeline. The trend is continuous and descending, the upper dide of the triangle is touched by Points 1,2 and 3 and the lower side is touched by Points 4,5,6 and 7. A break out point occurs and it is time to open a short position.
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