The price has managed to form a triangle pattern. Some more confirmations are needed before we can open positions for this trade. If we break the upper boundary of the triangle, we will definitely open long positions. On the other hand, if the price breaks out of the lower boundary of the triangle pattern, we will be looking for short positions.
What do you think, guys? Drop your ideas in the comment section below for us to evaluate!
What do you think, guys? Drop your ideas in the comment section below for us to evaluate!
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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.