On the D1 chart, the price is trading in a narrow range, forming a triangle correlation pattern. RSI is in an undefined state. The Ichimoku cloud is directed downward.
On H4, the triangle pattern is more clearly visible.
Trading option for this model is a breakdown level of 10300.
We recommend looking for sales in the direction of price reduction.
On H4, the triangle pattern is more clearly visible.
Trading option for this model is a breakdown level of 10300.
We recommend looking for sales in the direction of price reduction.
Note
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Related publications
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.