It is a continuation pattern that marks a pause in the movement of a price halfway through a strong uptrend, giving you an opportunity to go long and profit from the rest of the price rise. The uptrend then continues with another similar-sized rise in price.
Wait for the triangle to break and confirm ...
R : 5.7 - 6.56 - 8.35
S : 4.3 - 3 - 2.09
Wait for the triangle to break and confirm ...
R : 5.7 - 6.56 - 8.35
S : 4.3 - 3 - 2.09
Trade closed: stop reached
Trade closed: stop reached
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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.
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.